Polygon Labs Acquires Coinme and Sequence for $250 Million to Enter Stablecoin Payments Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
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Source: Benzinga
- Market Entry Strategy: Polygon Labs announced the acquisition of crypto payment company Coinme and infrastructure provider Sequence for $250 million, aiming to enter the rapidly growing stablecoin payments market, thereby enhancing its competitiveness in digital payments.
- Stablecoin Market Outlook: As stablecoins gain widespread acceptance, Polygon founder Sandeep Nailwal stated the goal is to make Polygon the largest avenue for stablecoin money movement globally, reflecting confidence in the shift in future payment methods.
- Industry Dynamics: Since December 2025, six stablecoin projects have launched globally, indicating a sustained demand for stablecoins, particularly in payment applications, which further drives Polygon's acquisition decision.
- Regulatory Environment Changes: Increased regulatory clarity in the U.S. and Europe is expected to boost stablecoin adoption, positioning Polygon favorably in this transition to meet merchants' needs for higher liquidity and compliance.
Analyst Views on CRCL
Wall Street analysts forecast CRCL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRCL is 143.07 USD with a low forecast of 65.00 USD and a high forecast of 280.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
10 Buy
4 Hold
3 Sell
Moderate Buy
Current: 72.640
Low
65.00
Averages
143.07
High
280.00
Current: 72.640
Low
65.00
Averages
143.07
High
280.00
About CRCL
Circle Internet Group, Inc. is a global financial technology company. It operates as a platform, network, and market infrastructure for stablecoin and blockchain applications and the issuer of a United States dollar-denominated stablecoin, USDC and a euro-denominated stablecoin, EURC (collectively Circle stablecoins). It provides a stablecoin network and a range of blockchain-specific software infrastructure. Its product offerings include Stablecoins, Developer Services, Integration Services, and Tokenized Funds. Developer Services develops an array of developer-ready and enterprise-grade infrastructure services that developers can plug into their own applications. It connects and integrates products, such as USDC across blockchain networks. Its Tokenized Funds are regulated yield-bearing investments for collateral use in capital markets. It also offers liquidity services, which provides institutional minting, reserving, redemption, and foreign exchange services for Circle stablecoins.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
