Crypto▲ Bullish
Ramp Launches Solana Stablecoin Accounts for 24/7 Corporate Payments
Ramp's new Stablecoin Accounts let companies hold and send USDC and USDT on Solana, bypassing banking hours for cross-border payments. Over 150 firms tested it.
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Ramp unveiled a new corporate payment product Thursday that lets companies hold and transfer USDC and USDT directly on its platform, using the Solana blockchain for faster settlement outside banking hours. The Stablecoin Accounts eliminate the need for separate crypto wallets or exchange accounts, Ramp said.
The accounts run alongside conventional cash reserves through a single interface. Finance teams can oversee both fiat and stablecoin transfers without changing existing workflows, the company said. The system logs each transaction into integrated accounting software with standard compliance documentation.
More than 150 organizations tested the accounts during a public beta phase spanning multiple industries, including companies outside the crypto sector, Ramp said. Over 1,000 organizations now use stablecoins through Ramp to pay suppliers internationally, and more than 70% of that transaction volume occurs outside standard banking hours, the company added.