Polygon has added Solana to its Open Money Stack, and people on the timeline immediately spun it into “JUST IN: Polygon and Solana team up to bring stablecoin payments to banks.”
Wake up. This is a payment interface sold to businesses: bank deposits, stablecoin balances, cross-chain transfers, and fiat payouts, all bundled into one API. It supports Solana, TRON, and EVM chains, with tokens like USDC, USDT, PYUSD, and SOL. Put simply, Polygon is running a fee-based payments pipeline business: it connects to whichever chains have volume. It even supports TRON, so of course it can support Solana.
The funniest part is that the official accounts of both companies were pretending to block each other on the timeline that very same day, then turned around and shook hands. Marketing is marketing, business is business. Don’t take it too seriously.
What direct effect does this have on the prices of POL and SOL? I honestly don’t see one. Businesses settling payments in stablecoins use USDC and USDT; they don’t need to buy up your POL. Take a close look at those “POL 🤝 SOL” shill posts—not one of them explains how this is supposed to make the tokens go up.
One guy did make a practical point, though: more fiat on-ramps mean a new batch of clueless wallets will show up on Solana. For the shitcoin trenches, that means fresh liquidity. It may sound harsh, but it’s a lot more honest than shouting “the banks are coming.”
Infrastructure is good, but infrastructure news being bullish ≠ the coins you hold being bullish.
#Polygon #Solana
Wake up. This is a payment interface sold to businesses: bank deposits, stablecoin balances, cross-chain transfers, and fiat payouts, all bundled into one API. It supports Solana, TRON, and EVM chains, with tokens like USDC, USDT, PYUSD, and SOL. Put simply, Polygon is running a fee-based payments pipeline business: it connects to whichever chains have volume. It even supports TRON, so of course it can support Solana.
The funniest part is that the official accounts of both companies were pretending to block each other on the timeline that very same day, then turned around and shook hands. Marketing is marketing, business is business. Don’t take it too seriously.
What direct effect does this have on the prices of POL and SOL? I honestly don’t see one. Businesses settling payments in stablecoins use USDC and USDT; they don’t need to buy up your POL. Take a close look at those “POL 🤝 SOL” shill posts—not one of them explains how this is supposed to make the tokens go up.
One guy did make a practical point, though: more fiat on-ramps mean a new batch of clueless wallets will show up on Solana. For the shitcoin trenches, that means fresh liquidity. It may sound harsh, but it’s a lot more honest than shouting “the banks are coming.”
Infrastructure is good, but infrastructure news being bullish ≠ the coins you hold being bullish.
#Polygon #Solana