Web3
MoonPay acquired DFlow in a $100 million all-stock deal, adding Solana's fastest-growing DEX aggregator — which powers Coinbase, Phantom, Solflare, and Kamino with just-in-time routing — to its fiat-on-ramp infrastructure. DFlow has processed $50B+ in cumulative volume and now integrates with Cla...
Web3
SoFi Bank is expanding its SoFiUSD fully reserved stablecoin from Ethereum to Solana, citing speed, cost, and transaction capacity advantages. The move is part of SoFi's Big Business Banking platform, which integrates fiat accounts, SoFiUSD, and crypto payments for banks, fintechs, and enterprise...
Web3
Western Union launched USDPT, its fully reserved US dollar stablecoin issued by Anchorage Digital Bank on Solana, on May 4. The pilot begins in Bolivia and the Philippines, with expansion to 40+ countries planned for 2026. USDPT enables 24/7 settlement between Western Union and its global agents ...
Web3
State Street Investment Management and Galaxy Digital have launched SWEEP — the State Street Galaxy Onchain Liquidity Sweep Fund — on Solana, allowing stablecoin holders (starting with PayPal USD) to move idle balances into an institutional yield-bearing vehicle. Ondo Finance anchors the product ...
Web3
A month after North Korea's UNC4736 group stole $295 million from Drift Protocol via a six-month social engineering operation, the Solana-based exchange has released a detailed user recovery plan and set a Q2 2026 relaunch date. Roughly $293 million in 130,259 ETH remains traceable across four mo...
Web3
Solana Foundation and Google Cloud launched Pay.sh, letting AI agents autonomously discover APIs, receive live pricing, and pay per request via stablecoins on Solana — no accounts, no invoices, no human in the loop. The system is built on x402 and MPP open payment standards and opens Google Cloud...
Editor Pick
Five institutions, five products, one blockchain, one day. On May 5, Cloudflare, Google Cloud, State Street, Western Union, SoFi, and MoonPay all chose Solana for AI agent payments — independently. Here is what each launched and why Solana won.
Funding
Solana yield exchange Exponent raised $5 million seed led by Multicoin Capital, with Solana Ventures, RockawayX, L1D and angels Anatoly Yakovenko and Nick Ducoff. Total raised: $7.1M. The platform has cleared $2B+ in yield volume across 35,000+ users since late 2024.
Solana
Solana's two core dev teams, Anza and Jump's Firedancer, both picked the Falcon post-quantum signature scheme. They've started early Falcon builds, citing compact signature size as critical for the network's high-throughput design.
Stablecoins
Western Union CEO Devin McGranahan said USDPT, its Solana-based US dollar stablecoin, launches in May. WU will use it to settle agent transfers without SWIFT, plus a 'Stable Card' for global consumers and a Digital Asset Network for crypto cash-out.
Funding
Market maker GSR has launched its first ETF, the GSR Crypto Core3 (BESO) on Nasdaq: an actively managed multi-asset fund holding BTC, ETH and SOL with staking-income participation.