Polygon and Stable.com Unveil Direct Bank Transfers for Self-Custody Wallets
Stable.com has partnered with Polygon to enable direct USDT and PYUSD bank transfers from self-custody wallets across 180 countries. This integration allows users to deposit supported stablecoins directly into their own bank accounts, eliminating the need for intermediaries.
The service is made possible via Polygon Open Money Stack (OMS), which links stablecoins to traditional banking systems. With this partnership, users can keep control of their stablecoins until the transaction reaches its required stage.
Polygon's CEO, Marc Boiron, said that users should not surrender asset control to access bank accounts. He noted that Stable.com provides a bridge between Polygon wallets and existing payment systems.