Polygon Acquires Coinme to Enter Payments vs Visa, Stripe
Polygon CEO Marc Boiron says the Coinme acquisition puts the network into payments, a sector long dominated by Visa and Stripe.
Can a blockchain network realistically compete with Visa and Stripe's decades of merchant relationships, compliance infrastructure, and global reach? Payments require trust built over years, not just technology. Polygon now owns a piece of that infrastructure through Coinme, but owning a company is different from winning merchants and customers away from entrenched processors. Whether this acquisition closes that gap, or simply adds a new logo to Polygon's holdings, remains an open question worth watching across the wider crypto industry.
https://www.bonuz.xyz/en/blog/polygon-coinme-acquisition-payments-sector
Polygon CEO Marc Boiron says the Coinme acquisition puts the network into payments, a sector long dominated by Visa and Stripe.
Can a blockchain network realistically compete with Visa and Stripe's decades of merchant relationships, compliance infrastructure, and global reach? Payments require trust built over years, not just technology. Polygon now owns a piece of that infrastructure through Coinme, but owning a company is different from winning merchants and customers away from entrenched processors. Whether this acquisition closes that gap, or simply adds a new logo to Polygon's holdings, remains an open question worth watching across the wider crypto industry.
https://www.bonuz.xyz/en/blog/polygon-coinme-acquisition-payments-sector