Polygon Labs recently made a big move—investing over $250 million to acquire two companies, Coinme and Sequence.

The logic behind this move is quite clear. Coinme has a killer advantage—holding multiple US money transfer licenses, mainly engaged in cash and crypto asset exchange services, and operating crypto ATMs, effectively building a bridge between traditional finance and Web3. Sequence primarily provides blockchain infrastructure support such as wallets.

By combining these two, Polygon can complete its offerings in stablecoins and payments. One provides compliant deposit and withdrawal capabilities, and the other offers mature on-chain infrastructure. This way, the pathway from the real world to digital assets is fully connected. It looks like Polygon is laying out its own payment ecosystem map, aiming to secure an important position in the stablecoin track.