(Solana rising again) Mastercard, Western Union, Worldpay Building With New...

[White_Hat_LP]

Mastercard, Western Union, Worldpay Building With New Solana Enterprise Platform

The Solana Foundation on Tuesday unveiled a new developer platform aimed at making it easier for banks, payments companies, and other financial institutions to build products on its blockchain network, announcing partnerships with three major financial firms at launch...

...Mastercard is using SDP to enable stablecoin settlement on the Solana network, while Worldpay, the payments processing giant, is applying it to merchant payments and settlement. Western Union, whose core business has long been cross-border money transfers, is exploring how the platform can extend its existing capabilities onto the blockchain.

“The next phase of digital asset innovation will be defined by practical use cases that integrate seamlessly with existing financial systems,” said Raj Dhamodharan, Mastercard’s executive VP of blockchain and digital assets, in a statement.
https://finance.yahoo.com/markets/crypto/articles/mastercard-western-union-worldpay-building-135504877.html

I will never forget, years ago when i first read an article about Solana, since it is much more useful, affordable and faster than other altchains. They do have issues with supporting the creation of endless meme coins, but there is so much more to the platform. Hey, at least XRP (barf) has some solid competition out in the real world.  

[TastyChillySauce00]

Hey, at least XRP (barf) has some solid competition out in the real world. 

XRP is vaporware, they are supposed to be the most used payment rail, yet nobody is using it. Every big player just use either Ethereum or Solana, XRP was never on the table to begin with .
Honestly, it's a breath of fresh air seeing Solana actually doing something useful with their blockchain beside meme coins. This blockchain is fast and matured despite the outage which now rarely happened anyway and honestly stablecoin transfer in there has been a blast.

I'm hoping that solana could take big chunk of stablecoin transfer from tron to their blockchain.

[Charles-Tim]

In short, you want to let us know that solana blockchain is becoming more useful. If what you posted about solana is true and new, yes I agree that it is true that solana blockchain is having more utilities. But solana is not yet rising again as of now but which is normal because the bear market is not yet over. So the price being sluggish is not happening to only solana.