B2C2 Names Solana Core Network for Institutional Stablecoin Settlement
B2C2 said Solana will be a primary settlement network for institutional stablecoin trading, broadening support for seven Solana-based tokens as the blockchain’s stablecoin market continues to expand.
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Summary
B2C2 announced that Solana will serve as a primary settlement network for institutional stablecoin trading. The firm said it will support seven Solana-based stablecoins: USDC, USDT, PYUSD, USDG, USD1, EURC, and FDUSD. The new report aligns with earlier coverage that described Solana as a core network for institutional routing and settlement, while adding that Solana stablecoin market capitalization could reach about ¥2.3 trillion by the end of 2025.
Terms & Concepts
- Stablecoin settlement: The process of completing transactions using stablecoins, digital tokens typically pegged to fiat currencies such as the U.S. dollar.
- Solana: A high-throughput blockchain network used for token transfers, trading, payments, and other on-chain financial activity.
- USDC: A U.S. dollar-pegged stablecoin commonly used for crypto trading, payments, and institutional settlement.