Polygon strikes $250M deal for Coinme and Sequence in stablecoin payments push
Polygon has entered into a $250 million agreement to acquire Coinme and Sequence as part of its strategy to enhance stablecoin payment solutions. Coinme is known for its cryptocurrency ATM services, while Sequence offers a wallet infrastructure aimed at simplifying digital asset transactions. This acquisition is expected to bolster Polygon's capabilities in the growing stablecoin market and improve user experiences in digital payments. The move aligns with Polygon's broader goal of expanding its ecosystem and increasing adoption of blockchain technology in everyday transactions.
Read the full article: Coin Telegraph