Crypto liquidity provider and trading firm B2C2 has officially designated the Solana blockchain as its core network for institutional stablecoin settlement. The firm, a subsidiary of Japan's SBI Holdings, will now route and settle large-scale stablecoin transactions for its institutional clients primarily on Solana, citing its high-throughput and scalable architecture.
B2C2's announcement highlights a significant institutional endorsement for Solana's financial infrastructure. "Solana has earned its place as fundamental financial infrastructure," stated B2C2 Group CEO Thomas Restout. "We're supporting real flow here because it delivers on the things that matter to our clients — speed, reliability and scale. This is where settlement is heading." The firm will support Solana-based versions of major stablecoins including USDC, USDT, PYUSD, USDG, USD1, EURC, and FDUSD.
This move aligns with a staggering surge in Solana's stablecoin activity. In February 2026, the Solana network processed a record $650 billion in stablecoin transaction volume, more than doubling its prior monthly record and representing a near tripling month-over-month. This volume gave Solana over 35% of adjusted global stablecoin activity, placing it ahead of rivals Ethereum and Tron for that period. To contextualize the scale, this figure was nearly nine times the record $208 billion in CME Group gold futures trading during the same period.
The growth is attributed to expanding institutional adoption and new stablecoin launches. Major financial players like Visa, Mastercard, PayPal, and Western Union have already integrated Solana for settlements. Recent additions like Western Union's USDPT and Jupiter's JupUSD have further fueled the rally. Solana's stablecoin market cap roughly tripled in 2025, ending the year at around $15 billion, up from just above $5 billion.
Despite the booming on-chain activity, Solana's native token, SOL, showed price pressure. As of April 1, 2026, SOL was trading at $83.69, reflecting an 8.90% decline over the past seven days. Technical analysis from CoinCodex indicated a largely bearish short-term picture, with 23 out of 29 tracked indicators signaling bearish momentum.
