Polygon Open Money Stack now supports TRON, giving payment and fintech businesses a single infrastructure layer for bank transfers, wallets, cross-chain routing and payouts involving TRC-20 USDT. Polygon says more than $94 billion of USDT currently circulates on TRON.

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Polygon Labs announced that its Open Money Stack now supports the TRON network, enhancing fintech capabilities. This integration allows businesses to connect bank funds directly into TRON's large USDT network, specifically the TRC-20 standard. The expansion links Polygon Open Money Stack to TRON's stablecoin economy, which boasts significant USDT circulation and transfer volume. Previously, businesses had to assemble various components independently to bridge traditional finance and blockchain. Polygon Open Money Stack simplifies this by offering a single integration for licensing, sponsor banks, wallet providers, and cross-chain routing. Funds can be deposited via traditional methods, held in virtual accounts, and settled on-chain according to business rules. This integration also facilitates fund routing across supported blockchains and payouts through various payment rails. TRON is a widely used network for digital dollar movement, especially in markets leveraging USDT for retail and cross-border transactions. By supporting TRON, businesses operating on both TRON and EVM networks can now serve customers across both ecosystems through unified infrastructure. This development allows for seamless movement of funds between blockchain networks and traditional financial systems.

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Centro-matic · album · 2014 · 23 songs