SBI subsidiary B2C2 selects Solana for institutional stablecoin settlement

B2C2, the crypto market maker acquired by Japanese financial giant SBI Holdings in 2020, has selected Solana (SOL) as its settlement network for institutional stablecoin clients, Unfolded reported. The network supports USDC and USDT. The company also launched PENNYswap (PENNY), a zero-fee service for banks' foreign exchange and cross-border operations.