Over $20 million in payments were processed by Solana Mobile using USDC without any fees.

Over $20 million in payments were processed by Solana Mobile using USDC without any fees.

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Over $20 million in payments were processed by Solana Mobile using USDC without any fees.

The smartphone division of Solana Labs, Solana Mobile, handled more than $20 million in transactions in collaboration with Shopify and USDC, the second-biggest stablecoin based on the dollar. According to Solana Labs co-founder Anatoly Yakovenko, 51% of Chapter 2’s payments were made with USDC and there were no additional processing fees. With no processing fees, … Read more