Jan 13 (Reuters) - Blockchain firm Polygon Labs said on Tuesday it would buy crypto payments company Coinme and crypto infrastructure provider Sequence for more than $250 million, as it looks to tap the growing demand for stablecoin-based transactions.
Stablecoins, digital tokens pegged to stable assets such as the U.S. dollar, are increasingly being explored as a tool for payments and settlements, especially after the passage of the Genius Act last year.
