what's Open Money Stack?

Developed by Polygon Labs, Open Money Stack is a modular, open-source framework designed to enable seamless cross-border stablecoin payments and onchain money movement. It integrates wallets, on-ramps, compliance tools, orchestration, and settlement layers, allowing financial institutions and fintechs to build programmable money systems without managing disparate vendors. The stack operates across chains with regulated rails for U.S. markets, leveraging Polygon's AggLayer for interoperability. It supports stablecoin issuance, cross-chain transfers, and fiat-crypto bridging, aiming to make all money programmable and borderless through phased rollouts including payments, embedded wallets, and onchain financial primitives.

Open Money Stack launched modular infrastructure for regulated stablecoin cross-border payments for fintechs.