BitPay Adds SOL, USDC, and USDT Payment Support on Solana

Crypto payment processor BitPay, processing over $1.3B annually for 130K+ merchants, now enables payments in SOL, USDC, and USDT on the Solana network, with future updates planning merchant payouts in native Solana assets.

USDT
SOL
USDC

Summary

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Terms & Concepts
  • Solana: A high-performance blockchain known for fast transactions and low fees, widely used for decentralized finance and crypto payments.
  • Stablecoin: A cryptocurrency pegged to a stable asset like the U.S. dollar, designed to minimize volatility.