Samba Network blockchain unveiled in Switzerland for stablecoin payments
- —Samba Network is built for 100,000 transactions per second with private balances
- —SS4P standardizes stablecoin QR codes across wallets and exchanges
- —Three developers are working on the project; Truther's infrastructure is based in El Salvador
- —Target markets include Bolivia, Nigeria and countries without Pix-like systems
Why it matters: Standardized stablecoin payments could speed retail adoption, though the project is early-stage with no confirmed partners.
Source: BeInCrypto BR