SBI's B2C2 Designates Solana as Primary Settlement Network for Institutional Client Stablecoins

Odaily News: SBI's market maker B2C2 has announced that it has designated Solana as the core network for routing and settling large-scale stablecoin transactions for its institutional clients.

B2C2, majority-owned by Japan's SBI Holdings, is a primary market maker for institutions such as Robinhood, Standard Chartered, Anchorage Digital, and Bitget. Thomas Restout, Group CEO of B2C2, stated that Solana, with its speed, stability, and scalability, has become the core financial infrastructure required by their clients.

B2C2 will support various stablecoins issued on Solana, including USDC, USDT, PYUSD, USDG, USD1, EURC, and FDUSD. (The Block)