BitPay Brings Real-World Utility to the Solana Network with Support for SOL and Stablecoins
Solana Payments, Including SOL, USDC, and USDT are now live in the BitPay Wallet and are available to merchants worldwide
ATLANTA, Aug. 13, 2025 /PRNewswire/ — BitPay, the world’s leading cryptocurrency payment processor, today announced support for the Solana blockchain across its suite of products. Now with full support for Solana-based stablecoins such as USDC and USDT, users can now acquire, store, manage, and spend Solana assets, while merchants gain access to one of the largest and most active crypto ecosystems.
With support for leading Solana-based stablecoins like USDC and USDT, the integration adds fuel to one of the fastest-growing trends in crypto payments. Stablecoins already account for nearly 40% of BitPay’s total payment volume in 2025. The addition of Solana, a network optimized for low-fee stablecoin transfers, is expected to accelerate that growth.
“Solana is not only home to one of crypto‘s most passionate and active communities, but it’s also becoming a major network for stablecoins,” said Bill Zielke, CMO of BitPay. “Since 2021, BitPay has championed stablecoin payments, and adding Solana support strengthens that commitment by giving users and merchants even faster, lower-cost ways to spend, send, and receive digital assets.”
With Solana support in the BitPay Wallet, users can:
- Spend Solana in the Real World: Use SOL, USDC, and USDT to shop with BitPay merchants, buy gift cards from 250+ major brands, or pay bills directly in the app.
- Buy Solana Assets: Purchase SOL, USDC, USDT, and other Solana tokens at competitive rates through trusted partner platforms.
- Store Solana Tokens: Manage Solana assets alongside Bitcoin, Ethereum, and more in BitPay’s self-custody multichain wallet.
- Sell for Cash: Cash out Solana assets like SOL or stablecoins directly to a bank account, debit card, or PayPal account balance.
- Swap Solana-Based Tokens: Easily exchange SOL and Solana-based stablecoins or memecoins for other supported crypto assets using integrated swap providers.
- Send and Receive on Solana: Enjoy fast, low-fee peer-to-peer transactions without borders.
Solana spenders can also shop with BitPay merchants and pay bills from practically any Solana wallet, including popular options like Phantom, Solflare, and Backpack Wallet.
For merchants, the integration enables payments from one of the most engaged and rapidly growing blockchain communities. All without any additional technical lift or need to hold crypto. Support for Solana-based payouts is also planned, giving businesses even more ways to leverage the network’s speed and cost-efficiency in future updates.
The 1916 Company, a global luxury watch and jewelry retailer, is among the first to accept Solana payments via BitPay.
“We’re pleased to see BitPay expand its platform to include Solana,” said John Shmerler, CEO of The 1916 Company. “As we continue to grow and modernize how we serve our clients and collectors, expanding payment flexibility is a natural step forward. Solana‘s speed and low transaction costs, especially when paired with stablecoins like USDT and USDC, bring meaningful efficiency and advantages to the crypto payment experience for both our clients and our business.”
For more information on BitPay, visit bitpay.com.
About BitPay
Founded in 2011, BitPay is one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company’s mission is to transform how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. For consumers, the BitPay Wallet offers a complete digital asset management solution to buy, store, swap, sell, and spend cryptocurrency with ease. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.
Media Contact
Nicholas Koulermos
BitPay@5wpr.com
SOURCE BitPay