Polygon Labs has announced a significant investment of over $250 million to enhance its stablecoin payments infrastructure. This strategic move involves the acquisition of cryptocurrency exchange Coinme and crypto wallet infrastructure provider Sequence. The deal is designed to deliver key components for the Polygon Open Money Stack, including physical cash and digital fiat on- and off-ramps, robust wallet infrastructure, and cross-chain orchestration through intents, aiming to address fragmentation in stablecoin infrastructure and facilitate faster, more compliant, and seamless global payments.