Unlimit Integrates Stable.com with Polygon for Direct Bank Transfers
Unlimit has integrated its financial platform, Stable.com, into the Polygon Open Money Stack to enable direct bank transfers from self-custody wallets. This integration allows users of USDT and PayPal USD (PYUSD) on the Polygon network to send money directly to traditional banking systems without depositing their stablecoins into a custodial account. The move aims to streamline transactions by eliminating intermediaries typically required in standard fiat off-ramp processes, allowing users to maintain control over their assets. Marc Boiron, CEO of Polygon Labs, emphasized that the integration supports the vision of bridging on-chain money with everyday financial services. Kirill Eves, founder and CEO of Unlimit, highlighted a future where digital and traditional finance systems converge seamlessly. Stable.com provides global banking access across 180 countries in over 150 currencies, enhancing Polygon's infrastructure for blockchain-based transactions.
Topics: blockchain payments Polygon stablecoins Unlimit