Mar. 6 at 8:45 PM
Weekly Solana Update
Western Union Expands Stablecoin Payments with Solana
$WU partnered with Crossmint to integrate the USDPT stablecoin on the Solana (
$SOL.X) blockchain, linking on-chain dollar transfers with Western Union’s 360,000+ global cash pickup locations. Issued by Anchorage Digital Bank, the stablecoin connects digital wallets with traditional remittance infrastructure.
Backpack Introduces On-Chain IPO Access
Backpack launched a regulated IPO allocation system on the Solana (
$SOL.X) blockchain, allowing retail investors to access pre-listing equity shares through the platform. Powered by Superstate’s tokenized securities infrastructure, ownership is recorded on-chain while maintaining regulatory compliance.
DoubleZero Expands Solana Validator Network
DoubleZero will redirect 2.4M
$SOL.X to validators in regions such as Singapore, Tokyo, and São Paulo to reduce the network’s European concentration and improve global data transmission for crypto trading.