Ramp Launches Stablecoin Account and Payment Services on the Solana Network

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Ramp has launched a stablecoin account and payment service on the Solana network, marking a significant on-chain update. The service enables cross-border payments using USDC or USDT, with settlements processed on the Solana network. Users can send stablecoins to over 140 countries, convert them to fiat in 40+ currencies, and earn up to 3.25% in rewards. Ramp Bill Pay now supports stablecoins, allowing businesses to pay suppliers without holding balances. This development aligns with a recent network upgrade that enhances Solana’s scalability and transaction speed.

ChainThink reports that, on July 22, according to official announcements, the enterprise financial services platform Ramp has launched stablecoin accounts and payment services, with all settlements processed on the Solana network.

After launch, customers can make cross-border supplier payments and fund transfers using USDC or USDT.

Ramp's stablecoin account enables direct transfers of USDC or USDT to wallets in over 140 countries and regions, and also allows conversion to fiat currency for payments in more than 40 local currencies. Users can earn up to 3.25% rewards on their stablecoin balances.

In addition, Ramp Bill Pay has integrated stablecoins as a payment option, allowing businesses to pay suppliers without holding stablecoin balances themselves.

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