Solmate $SLMT
231 posts

Solmate $SLMT
@Solmate
Building Solana infrastructure in the UAE | NASDAQ: SLMT



"The mature self-custody solution on Solana three years from now looks invisible. Users won't even know they're interacting with crypto." @vidor_solflare on the future of self-custody on Solana. It's invisible. You won't even know it's crypto.

The UAE and Abu Dhabi continue to lead in crypto regulatory environments. VARA has licensed over 85 companies across advisory, brokerage, custody, exchange, lending, transfer, and asset management. ADGM in Abu Dhabi has licensed 40+ more and launched the region's first DeFi regulatory framework. The UAE has created a mature environment where licensed companies can focus on operating. For Solmate, this reinforces our decision to anchor Solana infrastructure in the UAE. The UAE continues to lead across the space, all the while @solana continues to become the chosen chain for the next evolution of finance.



Solana mainnet went live six years ago today. Here's what happened in just the last six months: - J.P. Morgan executed U.S. commercial paper issuance - Visa introduced stablecoin settlement for U.S. banks - Goldman Sachs disclosed $108M in SOL holdings - Aon settled insurance premiums in PYUSD, a first among major brokers - Citi executed a tokenized Bill of Exchange - WisdomTree expanded its full suite of regulated tokenized funds - SoFi became the first chartered U.S. bank to offer direct SOL trading - Fidelity enabled retail SOL trading in its brokerage platform And more. All on Solana.

🚨JUST IN: @circle just minted another $250M USDC on Solana, bringing total issuance to $500M in the last 24 hours. @Solana’s stablecoin supply has now reached a new all-time high of $17.1B.

Solana is the becoming the stablecoin market leader. Solana now leads all chains in adjusted stablecoin volume, according to @AlliumLabs — filtering out wash activity and CEX internal flows. February market share: Solana — 36% Ethereum — 30% Tron — 15% Base — 11%


🚨BREAKING: @Solana maintained 100% uptime for 24 consecutive months without network downtime.

Tokenized stocks explainer in WSJ this am


Solana’s Total Payment Volume (TPV) growth is outperforming peers and fintech giants alike, up 755.3% YoY. The network is used as a global settlement layer by firms such as @Visa, @Stripe, @Worldpay, and @WesternUnion. Dive into the full ecosystem breakdown in the State of @solana: Payments report 👇

the team at @Solana has been on fire: Western Union CashApp PayPal Stripe Visa




