Gate News message, April 1, SBI Holdings’ liquidity provider B2C2 has designated Solana as the main network for large-amount stablecoin settlement for its institutional clients. B2C2 provides market-making services for a certain crypto trading platform and others, and has partnered with Standard Chartered, Anchorage Digital, and a certain CEX, among others. The company will prioritize supporting stablecoins issued on Solana, such as USDC, USDT, PYUSD, USDG, USD1, EURC, FDUSD, and other stablecoins that are added later. Solana’s activity in stablecoin settlement has recently increased; in February, stablecoin trading volume reached about $650 billion, but its stablecoin market cap still clearly lags behind Ethereum and Tron.
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