Ramp Launches Stablecoin Accounts and Payment Services, Settlement Based on Solana Network

Foresight News reports that enterprise financial services platform Ramp has announced the launch of stablecoin accounts and payment services, with settlements conducted on the Solana network. Following the launch of the stablecoin functionality, customers can use USDC or USDT to enable faster cross-border supplier payments and fund transfers. Ramp's stablecoin accounts support direct sending of USDC or USDT to wallets in over 140 countries and regions, or conversion to fiat currencies for payments in over 40 currencies through local channels. Users holding stablecoin balances can earn up to 3.25% in rewards. Additionally, Ramp Bill Pay has integrated stablecoins as a payment method, allowing businesses to pay suppliers using stablecoins without the need to hold stablecoin balances themselves.