Polygon Labs announced the Open Money Stack, a new stablecoin payment framework set to launch later this year aimed at facilitating seamless and reliable cross-chain money transfers across the DeFi ecosystem. The POL token surged 13% in 24 hours, extending gains fueled by broader crypto market recovery. The announcement comes amid a broader industry push, with major players like Stripe, Tether, Circle, and Visa also advancing stablecoin-based payment infrastructure.