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SBI Holdings' B2C2 Designates Solana as Primary Network for Institutional Stablecoin Settlement

2026.04.01 17:05:53

April 1st (The Block) — Cryptocurrency liquidity provider B2C2 has designated Solana as its core network for stablecoin settlement with institutional clients, routing and settling large-scale stablecoin trades primarily via the blockchain. The firm will support stablecoins including USDC, USDT, PYUSD, USDG, USD1, EURC, and FDUSD on Solana. Founded in 2015, B2C2 is a pure institutional liquidity provider whose clients include Standard Chartered Bank, Anchorage Digital, and Bitget. Robinhood previously disclosed in SEC filings that B2C2 is one of its two main crypto market makers. Solana’s position in the stablecoin sector continues to strengthen: its stablecoin trading volume hit $650 billion in February this year, doubling the prior monthly record; its stablecoin market cap roughly doubled in 2025, rising from ~$5 billion to ~$15 billion. Visa, Mastercard, PayPal, Western Union, and Worldpay have all integrated Solana. However, Solana’s stablecoin market cap still lags far behind Ethereum and Tron, with its ratio to Ethereum’s cap at roughly 9.3%. B2C2 was acquired by Japan’s SBI Holdings in 2020.
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