CADC
China Advanced Construction Materials Group Inc
stock NASDAQ

**Source:** [https://x.com/solanapayments/status/2074849843948802174](https://x.com/solanapayments/status/2074849843948802174)
https://preview.redd.it/fh89yx7zy0ch1.png?width=680&format=png&auto=webp&s=705e02e6569103a757be4a0f3e7b9ff9c76e8b6d
In June, major payment companies chose Solana: Mastercard, Moneygram, KG Inicis, and Toss Bank. For builders, Solana Foundation shipped subscriptions and allowances as a native primitive, so recurring billing, payroll, and auto-invoicing are now something you build once instead of stitch together.
Here's what happened across June for payments on Solana:
Payment Networks & Processors
* [@Mastercard](https://x.com/@Mastercard) rolled out 24/7 stablecoin settlement on Solana
* Solana joined [@Mastercard](https://x.com/@Mastercard) for Agent Pay for Machines, routing agent transactions across stablecoins and card networks
* [@KGInicicis](https://x.com/@KGInicicis) , South Korea's largest payment platform, signed an MOU to bring Solana stablecoin payments across its 25 trillion won annual merchant network
[https://x.com/solana/status/2062127357914460311](https://x.com/solana/status/2062127357914460311)
https://preview.redd.it/32stal24z0ch1.png?width=429&format=png&auto=webp&s=9672570445e8abc062b753bab41e0f08c6c7116b
Financial Institutions
* [@MoneyGram](https://x.com/@MoneyGram) is now staking SOL and securing blocks on Solana, moving money for 60M+ customers and shipping payment products through the Solana Developer Platform alongside Mastercard
* [@TossBank](https://x.com/@TossBank) partnered with Solana Foundation to pilot stablecoin remittance rails for its 15M users
* [@SoFi](https://x.com/@SoFi)'s SoFiUSD added another $200M in supply on Solana over five weeks
* [@range\_org](https://x.com/@range_org) raised an $8.3M Series A to help every company adopt stablecoin settlement
* [@bebrites](https://x.com/@bebrites) ' Trace Finance raised a $32M Series A led by [@CoinFund](https://x.com/@CoinFund) to scale regulated banking and stablecoin settlement
Stablecoin Issuers
* Canadian dollar stablecoin CADC went live on Solana
* [@openstandard](https://x.com/@openstandard) launched Open USD (OUSD) natively on Solana, a partner-governed stablecoin backed by 140+ companies including Visa, Mastercard, Stripe, and BlackRock, with no mint or redeem fees and reserve earnings flowing back to partners
[https://x.com/solanapayments/status/2061552224812118353](https://x.com/solanapayments/status/2061552224812118353)
https://preview.redd.it/0df5bus9z0ch1.png?width=502&format=png&auto=webp&s=04b898b3c88b0df3f087dee0f9077d29f6464d2a
**Neobanking**
* [@altitude](https://x.com/@altitude) launched the Altitude Card, unlimited virtual Visa cards with up to 2% cashback, now live for businesses in 150+ countries
* [@altitude](https://x.com/@altitude) launched a stablecoin-native USD/EUR account on Solana with cross-border transfers to 100+ countries, built by [@multisig](https://x.com/@multisig) with ACH, wire, SWIFT, bill pay, and 24/7 FX
* [@paj\_cash](https://x.com/@paj_cash) shipped v2, turning any Solana token transfer into a naira bank payout tied to bank identity
* [@koshmoney](https://x.com/@koshmoney) launched a USD/EUR account for freelancers and creators across Asia
* [@UmbraPrivacy](https://x.com/@UmbraPrivacy) let any neobank offer private payments, with [@stealf\_finance](https://x.com/@stealf_finance) live as a privacy-first neobank on Solana
**Payments & Commerce**
* [@solana](https://x.com/@solana) shipped subscriptions and allowances as a native primitive: onchain billing tiers, payroll on a set cadence, automatic stablecoin invoices, demoed in [@dynamic\_xyz](https://x.com/@dynamic_xyz) embedded wallets
* [@useDecal](https://x.com/@useDecal) put idle merchant balances to work, earning yield the moment they land to fund the loyalty program
* [@WalletConnect](https://x.com/@WalletConnect) Pay gave wallets and merchants one common language so onchain funds work at checkout
* The World Series of Poker is now dealt by Solana, with [@moonpay](https://x.com/@moonpay) enabling crypto buy-ins and zero processing fees
**Lending & Credit**
* [@surfcashx](https://x.com/@surfcashx) launched crypto-native loans on Solana, using wallet history instead of bureau scores or bank statements
* Credible processed [$641M+](https://x.com/search?q=%24641M%2B&src=cashtag_click) in total payments volume with real-time settlement
**Agentic Payments**
* [@rishinsharma](https://x.com/@rishinsharma) ([@SolanaFndn](https://x.com/@SolanaFndn) ) and [@kleffew94](https://x.com/@kleffew94) ([@CoinbaseDev](https://x.com/@CoinbaseDev) ) walked through the x402 spec on Solana with a working demo
* Solana Foundation's [pay.sh](https://pay.sh/) continued to add new integrations
[https://x.com/stabledash/status/2070530114043904325](https://x.com/stabledash/status/2070530114043904325)
https://preview.redd.it/z4t3uxcmz0ch1.png?width=506&format=png&auto=webp&s=0c1fd5552c9e95935d176d1dfdcbe3fba29a8508
**The Payments & Stablecoins Data**
* [@solana](https://x.com/@solana) handled close to half of stablecoin transfer volume across major chains, on a $14.75B base that ranks third by market cap
* Stablecoin supply on Solana grew 154% since January 2025 to $14.75B, with USDC just over half and 7.54M USDC holders ([@birdeye\_data](https://x.com/@birdeye_data) H1 2026)
* Solana ranked #1 for USDC transaction count seven weeks running, 22.7M transactions in the latest week, 31.8% of all USDC transactions worldwide
* Stablecoin salary payments hit $1.6B for the period, the second-highest on record, alongside $803M in retail peer-to-peer flows
* View stablecoin data across multiple providers on [solana.com/data](https://solana.com/data)
[https://x.com/cloudz/status/2070217062308577359](https://x.com/cloudz/status/2070217062308577359)
https://preview.redd.it/s9zjy0ipz0ch1.png?width=501&format=png&auto=webp&s=06ade46e55e0ba87ab9a2ac2161454dda236a902
On the Mic [@CaddleMaya](https://x.com/@CaddleMaya)'s new show Mint Condition launched with a deep dive into Western Union's stablecoin strategy.
* Jun 23: [Western Union's Bet on Onchain Settlement](https://www.buzzsprout.com/2617232/episodes/19387716-western-union-s-bet-on-on-chain-settlement) (43 min) [@amiravalliani](https://x.com/@amiravalliani)'s Bits to Bricks spoke payments infrastructure and policy.
* Jun 11: [Inside the US Crypto Bill: What You Need to Know, with Solana Policy Institute](https://podcasters.spotify.com/pod/show/solana-broadcast-network/episodes/Inside-the-US-Crypto-Bill-What-You-Need-to-Know-with-Solana-Policy-Institute-e3klfel) (48 min)

**Source:** [https://x.com/solanapayments/status/2074849843948802174](https://x.com/solanapayments/status/2074849843948802174)
https://preview.redd.it/fh89yx7zy0ch1.png?width=680&format=png&auto=webp&s=705e02e6569103a757be4a0f3e7b9ff9c76e8b6d
In June, major payment companies chose Solana: Mastercard, Moneygram, KG Inicis, and Toss Bank. For builders, Solana Foundation shipped subscriptions and allowances as a native primitive, so recurring billing, payroll, and auto-invoicing are now something you build once instead of stitch together.
Here's what happened across June for payments on Solana:
Payment Networks & Processors
* [@Mastercard](https://x.com/@Mastercard) rolled out 24/7 stablecoin settlement on Solana
* Solana joined [@Mastercard](https://x.com/@Mastercard) for Agent Pay for Machines, routing agent transactions across stablecoins and card networks
* [@KGInicicis](https://x.com/@KGInicicis) , South Korea's largest payment platform, signed an MOU to bring Solana stablecoin payments across its 25 trillion won annual merchant network
[https://x.com/solana/status/2062127357914460311](https://x.com/solana/status/2062127357914460311)
https://preview.redd.it/32stal24z0ch1.png?width=429&format=png&auto=webp&s=9672570445e8abc062b753bab41e0f08c6c7116b
Financial Institutions
* [@MoneyGram](https://x.com/@MoneyGram) is now staking SOL and securing blocks on Solana, moving money for 60M+ customers and shipping payment products through the Solana Developer Platform alongside Mastercard
* [@TossBank](https://x.com/@TossBank) partnered with Solana Foundation to pilot stablecoin remittance rails for its 15M users
* [@SoFi](https://x.com/@SoFi)'s SoFiUSD added another $200M in supply on Solana over five weeks
* [@range\_org](https://x.com/@range_org) raised an $8.3M Series A to help every company adopt stablecoin settlement
* [@bebrites](https://x.com/@bebrites) ' Trace Finance raised a $32M Series A led by [@CoinFund](https://x.com/@CoinFund) to scale regulated banking and stablecoin settlement
Stablecoin Issuers
* Canadian dollar stablecoin CADC went live on Solana
* [@openstandard](https://x.com/@openstandard) launched Open USD (OUSD) natively on Solana, a partner-governed stablecoin backed by 140+ companies including Visa, Mastercard, Stripe, and BlackRock, with no mint or redeem fees and reserve earnings flowing back to partners
[https://x.com/solanapayments/status/2061552224812118353](https://x.com/solanapayments/status/2061552224812118353)
https://preview.redd.it/0df5bus9z0ch1.png?width=502&format=png&auto=webp&s=04b898b3c88b0df3f087dee0f9077d29f6464d2a
**Neobanking**
* [@altitude](https://x.com/@altitude) launched the Altitude Card, unlimited virtual Visa cards with up to 2% cashback, now live for businesses in 150+ countries
* [@altitude](https://x.com/@altitude) launched a stablecoin-native USD/EUR account on Solana with cross-border transfers to 100+ countries, built by [@multisig](https://x.com/@multisig) with ACH, wire, SWIFT, bill pay, and 24/7 FX
* [@paj\_cash](https://x.com/@paj_cash) shipped v2, turning any Solana token transfer into a naira bank payout tied to bank identity
* [@koshmoney](https://x.com/@koshmoney) launched a USD/EUR account for freelancers and creators across Asia
* [@UmbraPrivacy](https://x.com/@UmbraPrivacy) let any neobank offer private payments, with [@stealf\_finance](https://x.com/@stealf_finance) live as a privacy-first neobank on Solana
**Payments & Commerce**
* [@solana](https://x.com/@solana) shipped subscriptions and allowances as a native primitive: onchain billing tiers, payroll on a set cadence, automatic stablecoin invoices, demoed in [@dynamic\_xyz](https://x.com/@dynamic_xyz) embedded wallets
* [@useDecal](https://x.com/@useDecal) put idle merchant balances to work, earning yield the moment they land to fund the loyalty program
* [@WalletConnect](https://x.com/@WalletConnect) Pay gave wallets and merchants one common language so onchain funds work at checkout
* The World Series of Poker is now dealt by Solana, with [@moonpay](https://x.com/@moonpay) enabling crypto buy-ins and zero processing fees
**Lending & Credit**
* [@surfcashx](https://x.com/@surfcashx) launched crypto-native loans on Solana, using wallet history instead of bureau scores or bank statements
* Credible processed [$641M+](https://x.com/search?q=%24641M%2B&src=cashtag_click) in total payments volume with real-time settlement
**Agentic Payments**
* [@rishinsharma](https://x.com/@rishinsharma) ([@SolanaFndn](https://x.com/@SolanaFndn) ) and [@kleffew94](https://x.com/@kleffew94) ([@CoinbaseDev](https://x.com/@CoinbaseDev) ) walked through the x402 spec on Solana with a working demo
* Solana Foundation's [pay.sh](https://pay.sh/) continued to add new integrations
[https://x.com/stabledash/status/2070530114043904325](https://x.com/stabledash/status/2070530114043904325)
https://preview.redd.it/z4t3uxcmz0ch1.png?width=506&format=png&auto=webp&s=0c1fd5552c9e95935d176d1dfdcbe3fba29a8508
**The Payments & Stablecoins Data**
* [@solana](https://x.com/@solana) handled close to half of stablecoin transfer volume across major chains, on a $14.75B base that ranks third by market cap
* Stablecoin supply on Solana grew 154% since January 2025 to $14.75B, with USDC just over half and 7.54M USDC holders ([@birdeye\_data](https://x.com/@birdeye_data) H1 2026)
* Solana ranked #1 for USDC transaction count seven weeks running, 22.7M transactions in the latest week, 31.8% of all USDC transactions worldwide
* Stablecoin salary payments hit $1.6B for the period, the second-highest on record, alongside $803M in retail peer-to-peer flows
* View stablecoin data across multiple providers on [solana.com/data](https://solana.com/data)
[https://x.com/cloudz/status/2070217062308577359](https://x.com/cloudz/status/2070217062308577359)
https://preview.redd.it/s9zjy0ipz0ch1.png?width=501&format=png&auto=webp&s=06ade46e55e0ba87ab9a2ac2161454dda236a902
On the Mic [@CaddleMaya](https://x.com/@CaddleMaya)'s new show Mint Condition launched with a deep dive into Western Union's stablecoin strategy.
* Jun 23: [Western Union's Bet on Onchain Settlement](https://www.buzzsprout.com/2617232/episodes/19387716-western-union-s-bet-on-on-chain-settlement) (43 min) [@amiravalliani](https://x.com/@amiravalliani)'s Bits to Bricks spoke payments infrastructure and policy.
* Jun 11: [Inside the US Crypto Bill: What You Need to Know, with Solana Policy Institute](https://podcasters.spotify.com/pod/show/solana-broadcast-network/episodes/Inside-the-US-Crypto-Bill-What-You-Need-to-Know-with-Solana-Policy-Institute-e3klfel) (48 min)