Polygon Labs (CRYPTO: $POL) expects its regulated payments business to turn profitable in 2027, according to CEO Marc Boiron, as the Cayman Islands-based company moves from building blockchain infrastructure into payment processing, a field led by Visa (NYSE: $V) and Stripe.

The developer of the Polygon blockchain completed its acquisition of Coinme on Wednesday. Coinme is a U.S.-regulated crypto payments provider, and the deal lets Polygon convert between cryptocurrencies, stablecoins and traditional money using its own resources. The purchase, announced in January, forms part of a broader shift that includes the Open Money Stack, a…