Polygon Labs Acquires Coinme and Sequence to Build Regulated Stablecoin Payments
Polygon Labs has acquired Coinme (crypto custody and cash on/off‑ramp provider) and Sequence (developer wallet/SDK and payments tooling) to accelerate fiat-to-stablecoin rails and merchant-facing payments on Polygon chains. Coinme brings licensed U.S. money‑transmission infrastructure, retail footprint including Bitcoin ATM and exchange integrations, and regulated fiat on/off‑ramp capabilities. Sequence supplies developer SDKs, wallet tools and payments infrastructure for stablecoin transactions. Polygon plans to integrate both businesses to grow on‑chain stablecoin circulation, improve merchant and consumer adoption, and expand fiat connectivity in the U.S. and internationally. Executives emphasize regulatory compliance and bank/payment‑processor partnerships as central to deployments. No purchase prices were disclosed publicly. For traders: expect increased attention on MATIC and stablecoins used on Polygon as on‑chain payment volume and developer activity rise; short‑term volatility may occur around announcements and integration milestones, while medium‑to‑long‑term effects depend on regulatory alignment and merchant adoption. Keywords: Polygon Labs, stablecoin payments, Coinme, Sequence, fiat on‑ramp, MATIC, wallet SDK.
Bullish
The acquisitions strengthen Polygon’s payments stack and fiat-to-stablecoin rails, which is likely to increase on‑chain transaction volume, developer activity and merchant adoption on Polygon chains — all factors that tend to support demand for the network’s native token (MATIC). Coinme’s regulated fiat rails and retail footprint lower friction for users and merchants to move fiat into stablecoins on Polygon, while Sequence’s SDKs and wallet tools reduce developer friction and speed integration. Short-term price volatility is likely around announcements, integration milestones and any regulatory news. Medium- to long-term bullish pressure depends on successful regulatory compliance, bank/payment partnerships, and measurable increases in payment volume and on-chain stablecoin circulation. If those integrations underperform or face regulatory setbacks, the positive impact could be muted or reversed, but the immediate structural move toward payments rails aligns with historically bullish outcomes for platform tokens when adoption increases.