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Gate Square New & Returning Creator Rewards are ongoing!
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Polygon Labs has closed a major $250 million acquisition to strengthen its stablecoin ecosystem. The strategic deal brings on board both CoinMe and Sequence, two key players in digital payment and blockchain infrastructure.
This consolidation marks a significant move to build comprehensive stablecoin infrastructure across the Polygon network. CoinMe brings robust on and off-ramp capabilities, while Sequence contributes advanced smart contract wallet technology and payment processing.
The combined expertise aims to create a more seamless experience for stablecoin transactions and Web3 adoption. By integrating these platforms, Polygon Labs is positioning itself to offer end-to-end solutions for both developers and users looking to leverage stablecoins in real-world applications.
This acquisition reflects the broader industry trend of consolidating payment and settlement layers to improve user experience and accelerate mainstream blockchain adoption.