Update
Solayer Pay Adds Stablecoin Deposits Across Five Chains
Solayer Pay, a Visa-linked stablecoin payment card, has expanded its support to include deposits from five blockchain networks: Ethereum, Solana, Arbitrum, Base, and BNB Chain. Users can now deposit stablecoins like USDT on BNB Chain and USDC on Base directly into their Solayer Pay balance, making it easier and faster to fund their cards. The update covers a substantial share of the stablecoin market, with Ethereum holding approximately $143.6 billion in stablecoins out of a total market of roughly $301 billion. Solana accounts for around $15.9 billion, followed by BNB Chain with $13.1 billion, Base with $5.2 billion, and Arbitrum with $3.5 billion. Users can now spend their stablecoins without first transferring them to another network, thanks to the service's expanded support.