B2C2 from SBI Holdings Picks Solana as Main Network for Stablecoins

B2C2 Picks Solana as Primary Network for Large Stablecoin Settlements

B2C2, the institutional liquidity provider backed by SBI Holdings, is putting Solana front and center. The firm has designated the blockchain as its primary network for large stablecoin settlements with institutional clients.

gettyimages-1234847158-aedcb9051a8141ce9ff34d2f73d426eb.png

B2C2 provides market-making services for platforms like Robinhood and partners with Standard Chartered, Anchorage Digital, Bitget, and others. Going forward, the company will prioritize stablecoins issued on Solana—including USDC, USDT, PYUSD, USDG, USD1, EURC, and FDUSD—along with new ones as they come.

Solana has been gaining ground in stablecoin activity, with trading volume hitting roughly $650 billion in February. Still, its stablecoin market cap lags well behind Ethereum and Tron.

Recommended reading: