Breaking News
Solana Pay debuts as new standard for using blockchain for digital commerce and physical goods transactions
Solana Pay launched today, providing merchants and consumers with a new set of decentralized payment standards and protocols to enable direct acceptance and settlement of digital dollar currency, such as USD Coin (USDC), at the point of sale and online.
Solana Pay ushers in new commerce capabilities and the ability for merchants to accept and move any volume of digital dollar currencies compatible with the Solana blockchain at any hour, anywhere in the world, for disruptively low fees measured in fractions of a cent.
Solana Pay was developed as a decentralized, open peer-to-peer protocol with the initial support of Solana Labs, Circle, Checkout.com, Ci
Solana Pay is now available for wider adoption and customization by ecosystem participants – including large and small merchants, ecommerce platforms, POS providers, and a broad array of payment service providers – who want to define the next generation of payments. For more information, merchants should go here and developers should go here.
“Solana Pay gives merchants a new, simplified framework to transact with their customers, enabling them to accept and settle funds directly with no intermediaries, zero fraud liability, and processing fees measured in fractions of a cent,” said Sheraz Shere, Head of Payments at Solana Labs. “Solana Pay transforms outdated one-way transaction models into powerful, two-way merchant-to-consumer relationships, giving brands and retailers a direct channel to surprise and delight their customers in new ways.”
People In This Post
Companies In This Post
- EXCLUSIVE: “Turning Back the Tide” – Maya Tuyen Reisinger, G+D and Simon Rosenberger, Parley for the Oceans in ‘The Fintech Magazine’ Read more
- DailyPay Appoints Accomplished Technology and Product Leader Poulomi Damany As Chief Product Officer Read more
- Addepar’s Global Expansion Accelerates with New Switzerland Office Read more
- Nuvei Launches First AI Integration Agent to Accelerate Client Onboarding Read more
- Brex Announces Launch of Stablecoin Payments Read more
GLEIF and Chainlink Form Strategic Partnership to Bring Institutional-Grade Identity Solution to Blockchain Industry
The Global Legal Entity Identifier Foundation (GLEIF), the only global source of open, standardized and high-quality legal entity reference data, and Chainlink, the industry-standard oracle platform, today announced a strategic partnership to create an institutional-grade identity solution for the blockchain industry.
IG Secures FCA Crypto Licence, Paving Way for Expanded Offering
Investing and trading platformIG has been granted a cryptoasset licence by the Financial Conduct Authority (FCA), enabling the firm to significantly expand its crypto offering for customers.
Mesta Secures $5.5 Million Seed Round to Redefine Cross-Border Payments
Mesta, the Global fiat + Stablecoin Payment Network, today announced it has raised a $5.5 million seed round led by Village Global, with participation from Circle Ventures, Paxos, and WTI - Western Technology Investment. Existing backers including Garuda Ventures, Canonical Crypto, Everywhere Ventures, and Inventum Ventures also reaffirmed their support.
Stripe Launches New Products To Drive Stablecoins and Agentic Commerce Into the Mainstream
Today, programmable financial services company Stripe announced new products to help businesses take advantage of AI and stablecoins to grow their revenue. The updates were part of Stripe Tour New York, the company’s annual product showcase in NYC, with over 40 new products and features launched.
Chainlink Advances Tokenized Fund Workflows With Swift Messaging in Collaboration With UBS
Chainlink announced today a landmark technical solution enabling financial institutions worldwide to manage digital asset workflows directly from their existing systems using Swift messaging and the Chainlink Runtime Environment (CRE). With Swift messages and CRE, banks and institutions can seamlessly access blockchains through the same Swift infrastructure they have relied upon for decades. This shows how institutions can access blockchains without needing to upgrade to new infrastructure, replace their existing processes, or integrate new identity and key management solutions.
Keel Brings Up to $2.5 Billion in Capital to Solana DeFi, Tokenized Asset Markets, and RWA Ecosystems
Keel, a new Solana-native onchain capital allocator, has today officially launched to drive the next wave of DeFi and RWA adoption. Launching with an initial roadmap of $2.5 billion, Keel will allocate into DeFi and RWA liquidity, and yield-bearing tokenized assets. These allocations will act as an engine for ecosystem growth, and provide the depth and stability required to support institutional access to Solana’s capital markets.
BTCS, Europe’s Largest DATCO, Accelerates Momentum with a Fresh $100M Offering Following Successful Series F Clos
BTCS, the largest European Digital Asset Treasury Company (DATCO), today announced plans to raise an additional $100 million through a Series G fundraise, coming immediately on the heels of its recently closed Series F. This rapid succession of capital formation highlights strong market confidence in the model of institutional-scale digital asset treasuries.
EXCLUSIVE: “Turning Back the Tide” – Maya Tuyen Reisinger, G+D and Simon Rosenberger, Parley for the Oceans in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
DailyPay Appoints Accomplished Technology and Product Leader Poulomi Damany As Chief Product Officer
DailyPay has appointed Poulomi Damany as its Chief Product Officer and will be responsible for unifying and optimizing their product
Addepar’s Global Expansion Accelerates with New Switzerland Office
Addepar announced the opening of its new office in Switzerland marking its latest step in their mission to connect the global investment ecosystem
Nuvei Launches First AI Integration Agent to Accelerate Client Onboarding
Nuvei announced the launch of its AI-powered Integration Agent to enable merchants and partners to connect to its global payments infrastructure in hours
Brex Announces Launch of Stablecoin Payments
Brex, the intelligent finance platform, announced the upcoming launch of native stablecoin payments
Nium Launches Global Collections to Power Cross-Border Collections for Banks
Nium announced the launch of Global Collections for banks, a new solution designed to allow banks to offer local currency receivables
Nubank Applies for U.S. National Bank Charter
Nubank has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) of the U.S