Solana Payments launches real-time stablecoin settlement, with Visa and PayPal integrated

February 27 News: The public chain project Solana officially launched the payments.org platform, focusing on real-time stablecoin payments in a mainnet environment, marking a significant step in its global blockchain payment infrastructure. The platform demonstrates actual USDC and other stablecoin transfer processes, not just test demos, and is open to developers and fintech companies.

Official disclosures show that the Solana network currently processes over $2 trillion in stablecoin transfers each quarter, with monthly payment activity exceeding $300 million. Single transaction fees are usually just a few cents, and final block confirmation time is about 392 milliseconds. The platform has accumulated over 480 billion transactions, with real-time throughput reaching several thousand transactions per second. The network also states that all major global stablecoins are natively issued on Solana.

In institutional applications, Visa, PayPal, Stripe, Western Union, and Fiserv are using the network for cross-border remittances, merchant settlement, and global payroll distribution. Some transfer processes have been shortened from several days to just a few seconds.

payments.org also offers a payment simulator, API documentation, and integration guides, supporting modular tools and compliant token extensions to lower development barriers. Currently, Solana’s daily transaction volume is about 150 million transactions.

As the demand for real-time stablecoin settlement, low-cost cross-border payments, and on-chain merchant clearing increases, Solana is accelerating its shift from a transactional public chain to a production-grade financial infrastructure. By 2026, blockchain payment competition will enter a stage of performance and practical implementation.