Solana Pay launches to expand the crypto-e-commerce market by Cointelegraph

© Reuters.

Pay is a peer-to-peer payment infrastructure designed to enable the global marketplace of online merchants and point-of-sale providers to accept and settle payment transactions in a wide range of digital assets.

A joint collaboration between Solana Labs,, Circle and Citcon, in addition to Phantom and FTX wallet integrations, the platform’s built-in software development kit acts as an intermediary between traditional fiat-centric companies and the cryptocurrency sector, promising to promote broader engagement and adoption from traditional consumers.