B2C2 announces Solana partnership
Find out more about B2C2's partnership with Solana to support institutional stablecoin activity on the Solana network.
B2C2 has collaborated with the Solana Foundation to support institutional stablecoin activity on the Solana network.
Under the partnership, B2C2 will use Solana as a core settlement network for institutional stablecoin transactions, serving clients with large-scale access to Solana’s on-chain stablecoin network.
Supported assets currently include USDC, USDT, PYUSD, USDG, USD1, EURC and FDUSD, plus other stablecoins issued on Solana and supported by B2C2 from time to time.
B2C2 was founded in 2015 and majority-owned by SBI, the Japanese financial group.
In November, it launched PENNY, a stablecoin swap solution for banks, payment companies and corporates to optimize FX, treasury management and cross-border payments.
"Solana has earned its place as fundamental financial infrastructure. We're supporting real flow here because it delivers on the things that matter to our clients - speed, reliability and scale. This is where settlement is heading, " Thomas Restout, group CEO, B2C2 said.
Last month, B2C2 partnered with Bitget, the world’s largest universal exchange (UEX), to improve institutional access to digital asset markets.