
US bank Column launches stablecoin rails with Solana as default
- —Support for USDC and USDT with instant conversion to and from USD
- —Solana chosen as default network, Ethereum also supported
- —Integration with ACH, FedNow, Fedwire, RTP, SWIFT, and checks
- —Bank clients include Brex, Ramp, Mercury, Bilt, Slash, and Kapital
Why it matters: A federally licensed bank embedding stablecoins into its core accelerates their adoption in payments and competition with BVNK and Marqeta.
Source: Crypto Briefing