Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers
Source: CoinDesk ·
From the source
Polygon said businesses can also move the world’s largest stablecoin USDT between TRON and EVM networks without connecting to a wallet provider, bridge or fiat-ramp operator. Polygon Labs’ Open Money Stack extended its stablecoin payments and cross-border transfer capabilities by adding support for the TRON network. Open Money Stack is targeting businesses that might want to use TRON for digital-dollar services without the requirement to combine banking access, wallets and other orchestration first, Polygon co-founder Sandeep Nailwal told CoinDesk. “By connecting TRON to Open Money Stack, we’re giving businesses a way to offer that service through one integration,” he added. The new service is built for remittance firms, fintechs and payment companies. A customer could fund a payment with a bank transfer, debit card or cash, receive USDT in a TRON wallet and later cash out to a bank account. This does not make TRON a bank, nor does it remove the licensing obligations of payment…