Polygon Expands Stablecoin Payouts to Solana, Boosting Cross-Chain Interoperability
Polygon has integrated Solana into its Open Money Stack, enabling bank-to-stablecoin payouts for Solana-based businesses.
Polygon has integrated Solana into its Open Money Stack, enabling bank-to-stablecoin payouts for Solana-based businesses. Solana (SOL) is trading at $96.93, down 0.3% since this brief published. This is an original TLT brief synthesising 2 outlets (Crypto Daily, Cryptopolitan), plus live market data, as of Fri, 30 Oct 2026 09:45:03 UTC.
This development enhances interoperability between Polygon and Solana, potentially driving more institutional and enterprise adoption of both ecosystems by simplifying cross-chain financial transactions.
- Polygon added Solana to its Open Money Stack for stablecoin payouts.
- Solana businesses can now convert bank deposits into stablecoins and pay out to US bank accounts.
- SOL price is testing key resistance between its 50-day and 200-day moving averages.
Both Crypto Daily and Cryptopolitan report that Polygon has integrated Solana into its Open Money Stack, allowing for stablecoin-based payouts from bank accounts. However, while Crypto Daily emphasizes the technical level to watch for SOL ($106), Cryptopolitan focuses on the business implications for Solana-based enterprises. Both outlets agree on the core integration but differ in their framing of its significance.
- Solana Stablecoin Users Surge to 14M Amidst SOL Price Decline
- Panda Bundler Unites Solana, Ethereum and Robinhood Chain for Token Launches
- Polygon Labs Expands Open Money Stack to Solana for Enhanced Payment Solutions
- Polygon Expands Open Money Stack to Include Solana Integration
- Polygon Expands Stablecoin Payouts to Solana, Boosting Cross-Chain Interoperability — this brief
- Solana Integrates with Polygon's Open Money Stack for Payments
- Ondo Expands on Solana with New Tokenized Portfolios Amid Market Downturn
Polygon has expanded its stablecoin payout capabilities to include 
Solana, as confirmed by multiple outlets. This integration, known as the Open Money Stack, enables Solana-based businesses to convert bank deposits into stablecoins and facilitate payouts to US bank accounts.
The development comes at a time when both Polygon and Solana are seeking to strengthen their positions in the DeFi and enterprise sectors. By enabling seamless cross-chain transactions, the integration aims to attract more institutional users and simplify financial operations for businesses operating across both ecosystems.
According to Cryptopolitan, the integration specifically targets businesses looking to streamline their banking operations using blockchain technology. Meanwhile, Crypto Daily highlights the technical aspects, noting that SOL is currently trading between its 50-day and 200-day moving averages, with the $106 level being a key resistance point to watch.
The integration is supported by Polygon's Total Value Locked (TVL), which stands at $2.69 billion as of the latest data from DeFiLlama, though it has seen a slight 0.7% decline over the past week. This indicates a stable foundation for the network's DeFi capabilities.
In the broader market context, the total crypto market cap is at $2.68 trillion, with 
Bitcoin down 2.61% in the last 24 hours. The Fear & Greed Index remains at 30, indicating a 'Fear' sentiment. Solana's price is at $97.2, reflecting a 2.97% drop in the last day and a 6.69% decline over the week, with a market cap of $57.34 billion.
Since this brief published about 18 hours ago, Solana (SOL) has moved from $97.20 to $96.93 — -0.28%.
The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SOL ≈ ₦133,385.37 (about $96.93), down 3.2% over 24 hours. The naira itself trades about 2.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 30, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Polygon Expands Stablecoin Payouts to Solana, Boosting Cross — questions & answers
What is the Open Money Stack?
The Open Money Stack is Polygon's platform that allows businesses to convert bank deposits into stablecoins and facilitate payouts to US bank accounts.
How does this integration benefit Solana?
The integration enables Solana-based businesses to streamline their banking operations using blockchain technology, potentially attracting more institutional users.
What is the current trading price of SOL?
SOL is currently trading at $97.2, down 2.97% in the last 24 hours.
How much is 1 Solana worth in naira today?
About ₦133,385.37 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $96.93. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.
Has Solana's price moved since this brief was published?
SOL is down 0.28% since this brief first published — trading at $96.93 now versus $97.20 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Daily, Cryptopolitan, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.