HomeSolanaSolana Launches Payments Hub as Stablecoin Transfers Hit $2T

Solana Launches Payments Hub as Stablecoin Transfers Hit $2T

-

Solana launches Payments Hub as stablecoin transfers reach $2T quarterly and monthly payments exceed $300M with sub-cent fees.

Solana Launches Payments Hub as Stablecoin Transfers Hit $2T in quarterly volume, drawing attention from financial firms exploring blockchain payments.

New data shared by builders on the network shows more than $300 million in monthly payments and fees that remain fractions of a penny.

The update comes as a new platform, Payments.org, goes live alongside SolanaPayments.

Stablecoin Activity Reaches $2 Trillion

Developers building on Solana report that the network processes about $2 trillion in stablecoin transfers each quarter.

They also cite over $300 million in monthly payment volume. These figures demonstrate growing usage in real-world transactions.

One builder stated, “Everything you want to do in payments you can already do on Solana.” The comment refers to settlement speed, low fees, and transaction scale.

Fees on the network are described as fractions of a cent, even during periods of higher demand.

The reported activity centers on stablecoins used for payments and transfers. Stablecoins are digital assets pegged to fiat currencies.

Businesses often use them for cross-border transfers and treasury operations. Accordingly, Solana’s throughput supports this growing demand.

Infrastructure and Performance Claims

Builders on the network point to performance, speed, and cost as core factors.

They state that many blockchains promise these features, but fewer maintain them under stress.

Developers position Solana’s architecture as capable of sustaining high transaction loads.

They also cite robust data infrastructure as essential. Although the blockchain handles recording transactions directly, businesses require dedicated indexing and analytics tools to operate effectively.

Developers say Solana’s ecosystem provides tools for tracking, reporting, and reconciliation.

Decentralization is described as a way to reduce vendor risk. By relying on a distributed validator set, firms aim to avoid dependence on a single provider.

Programmable accounts are also referenced. These allow built-in security rules, policies, and automation for payments.

Related Reading: Step Finance, SolanaFloor & Remora Shut Down After Hack

Payments.org and Ecosystem Growth

The launch of Payments.org and SolanaPayments marks a new step in organizing payment-focused resources.

The team describes the platform as a hub that showcases use cases and infrastructure. It aims to support companies moving financial operations onto stablecoin rails.

A founder involved in the launch said Solana is “the right foundation to build a financial services company.”

The statement refers to several yearsnetwork development and continued protocol updates. The builder also cited consistent delivery from contributing teams.

The broader ecosystem includes decentralized finance tools such as trading, yield products, and foreign exchange services.

These features are integrated with payment flows on-chain. Developers state that this combination allows firms to manage treasury, settlement, and liquidity in one environment.

As stablecoin volumes grow, Solana’s payments focus remains central to its strategy.

FOLLOW US

Most Popular

Banner