The Solana Foundation has appointed former Binance global CMO Rachel Conlan as chief strategy officer and former Polygon Labs executive Jamal Raees as general manager of payments. The hires are intended to accelerate institutional adoption and payment activity on Solana. Conlan will oversee institutional partnerships, ecosystem growth and go-to-market strategy, while Raees will work on stablecoins (crypto tokens designed to maintain stable value), tokenized deposits and settlement infrastructure. The Foundation says Solana processed more than $5 trillion in stablecoin volume during 2026, while real-world assets on the network exceeded $4.5 billion and tokenized equity supply surpassed $620 million. The appointments reflect Solana's effort to expand beyond trading, NFTs and consumer applications into payments, tokenization and institutional settlement.