Polygon adds automated stablecoin payout feature for businesses

Polygon said it has added a feature to Polygon Open Money Stack, or Polygon OMS, that automates stablecoin payout operations for businesses. Companies can pre-set recipients, budget caps, and payout periods, then distribute stablecoins automatically during the specified window. When a payout request is made, the wallet checks on-chain whether the pre-approved conditions are met, and any request that fails those conditions is rejected at the smart contract stage. After approval, servers cannot add recipients, raise limits, or extend expiration periods, although companies can cancel active payout rules to stop subsequent payments. Polygon said the feature can be used for merchant settlements on online trading platforms, freelancer compensation, creator revenue sharing, and customer rewards.