SBI's market maker B2C2 has designated Solana as its mainnet for institutional stablecoin settlement.

PANews reported on April 1st that, according to The Block, B2C2, an institutional liquidity provider under SBI Holdings, has designated Solana as its primary network for large-scale stablecoin settlements for its institutional clients. B2C2 provides market-making services for platforms such as Robinhood and partners with Standard Chartered, Anchorage Digital, and Bitget. The company will prioritize supporting stablecoins issued on Solana, including USDC, USDT, PYUSD, USDG, USD1, EURC, and FDUSD, as well as any future additions. The report notes that Solana has recently seen increased activity in stablecoin settlements, with stablecoin trading volume reaching approximately $650 billion in February; however, its stablecoin market capitalization still lags significantly behind Ethereum and Tron.

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Author: PA一线

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