Solana Gains Role as Settlement Rail for Visa and JPMorgan
Major financial firms are using the Solana blockchain for transaction settlement, though one key metric continues to raise concerns among industry insiders.
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Summary
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Terms & Concepts
Settlement rail: A payment infrastructure used to transfer funds between parties in financial transactions.
Solana blockchain: A high-speed, low-fee blockchain network designed for decentralized applications and payments.
Transaction settlement: The process of completing a trade or payment transfer so that funds or assets change ownership.