Polygon CEO Sees Coinme Deal as Entry to Payments Business Led by Visa, Stripe
Polygon CEO sees the acquisition of Coinme as a strategic move to enter the payments industry, a sector dominated by giants like Visa and Stripe.
"In the world of decentralized finance, we're witnessing a surge in adoption. And with this acquisition, we're taking a significant step towards becoming a key player in the broader payments space," said the CEO.
This move by Polygon highlights its ambition to expand beyond its blockchain roots and tap into the potentially lucrative payments sector.