Solana Pay launches to expand crypto e-commerce market

Solana Pay launches with high-expectations to drive the adoption of digital assets in e-commerce markets. Written by tomfarrencrypto

Solana Pay is a peer-to-peer payments infrastructure designed to enable the global market of online merchants and point-of-sale providers the ability to accept and settle payment transactions in a panoply of digital assets.

In an exclusive statement, Solana Pay revealed that they perceive the “most prevalent use-case to be with digital dollar currencies” such as Circle’s USDC stablecoin, but also are enabling the option of Solana-related assets such as Solana’s native SOL, FTX’s FTT, and Serum’s SRM, among others. Cointelegraph spoke exclusively to the Head of Payments at Solana Labs, Sheraz Shere — formerly responsible for co-creating the Google Wallet — to discuss his anticipations for Solana Pay in supporting the wider growth of the Solana ecosystem throughout 2022.

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