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Ramp Introduces Solana-Based Stablecoin Accounts for Business Payments

Payments platform Ramp has launched stablecoin accounts powered by Solana, enabling businesses to hold USDC and USDT and conduct cross-border transactions around the clock.

The feature integrates stablecoin balances directly into Ramp’s existing financial workflows, allowing companies to pay vendors in more than 140 countries or convert funds to local currencies in over 40 markets. Payments can originate from US dollar bank accounts or Ramp Checking and settle via stablecoins.

Businesses benefit from unified dashboards, approval processes and accounting integrations. Eligible stablecoin balances can earn rewards of up to 3.25 percent. The accounts are designed for payments and treasury management rather than investment purposes.

More than 1,000 businesses already use stablecoins through the platform, with over 70 percent of related payment volume occurring outside traditional banking hours. Totalis chief executive Pravesh Mansharamani noted the value of programmable, always-available money for corporate treasury needs.

The launch reflects broader adoption of stablecoins for institutional payments. It adds to Solana’s enterprise initiatives, including partnerships for yen stablecoins in Japan and stablecoin payment pilots in South Korea.

Ramp continues expanding its infrastructure to bridge traditional and blockchain-based payment systems for regulated business use.

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