- Polygon joins the EEA and works on institutional payments rails, global payments, and compliant transitions from on-chain to traditional rails.
- Open Money Stack connects Stablecoin rails to Coinme’s on/off ramp and Sequence wallet tools for merchant and user access.
Polygon has joined the Enterprise Ethereum Alliance (EEA) to enable the network to collaborate with enterprise members on a payments infrastructure that connects traditional financial systems and on-chain payments. The company said the initiative is related to its ‘Open Money Stack’, a payments platform focused on instant transfers, reliability and compliance requirements for institutional use.
The EEA has confirmed that polygon Join Nethermind and Ethena. The group will coordinate work related to global payments, merchant access and compliant rails, using the alliance’s working groups and governance processes designed for business collaboration, the EEA said.
@0xPolygon, @Nethermind, @ethena join Enterprise Ethereum Alliance
Here’s what each brings to the ecosystem pic.twitter.com/o6kCaUloNo
— Enterprise Ethereum Alliance | eea.eth (@EntEthAlliance) February 10, 2026
The move comes as the network expands its product and standards efforts. As CNF reported Recently, Ethereum’s ERC-8004 trustless agent standard went live on the network, enabling portable identities and reputations for agents across applications. This update is part of a broader infrastructure required for enterprise-grade deployments and interoperable services.
Targeting Polygon’s Open Money Stack to Enterprise Users
The EEA Alliance noted that Polygon has signed an agreement to acquire Coinme and Sequence to support the open money stack. reported. Coinme already offers regulated funds transfers in 48 US states, with fiat on- and off-ramps available at over 50,000 retail locations. Sequence is a wallet infrastructure with one-click cross-chain interoperability that processed $7 billion in peer-to-peer stablecoin trading volume last November.
Another new member of the alliance, Nethermind, is a company focused on infrastructure for production deployments, including reliability under load, upgrade readiness, and security practices that allow institutions to operate (EEA) outlined. This practical implementation experience can be shared through corporate coordination channels.
Ethena is an Ethereum-based synthetic dollar protocol. $USDe and sUSDe savings products. $USDe The total amount locked reached $10 billion. Meanwhile, Ethena recently included Kraken and Anchorage as supporting custodians as part of its custody set, in addition to Ceffu and Copper.
polygon recorded Weekly DEX trading volume was $1.93 billion, the biggest week of the year, further supporting the network’s push to combine on-chain liquidity with institutional-grade payment workflows. The network’s DeFi ecosystem could have its biggest year yet. just like us reportedEarlier this month, Billon Finance Asia launched its first leverage vault for tokenized RWA with segregated lending pools on Polygon. With stablecoin payment, currently available The company currently targets the $50 trillion global payroll market in more than 100 countries.
Despite this update, Polygon ($POL) Prices have not recovered yet. At press time, $POL was trading with $0.08887, 4% decline.
