TechFlow news — Visa has released a research report titled "Deep Dive into the High-Performance Blockchain Network Solana." The report highlights Solana's unique technical advantages, including high-throughput parallel processing, low transaction costs enabled by localized fee markets, and high resilience due to a large number of nodes and multiple node clients. Together, these features create a scalable blockchain platform with a compelling value proposition for payments—partially motivating Visa’s decision to expand its stablecoin settlement pilot program to include transactions on the Solana network. As Visa tests stablecoin settlements on Solana, it plans to evaluate whether Solana can meet the demands of modern corporate financial operations.
Earlier news: On September 5, Visa announced that in a newly launched pilot project, it will begin sending USDC to select merchants via the Solana blockchain. Cardholders can purchase goods simply by swiping or clicking, while Visa handles the payment process in the background. After a purchase, the cardholder’s bank transfers funds to Visa’s treasury, from which Visa then disburses funds to the merchant’s bank.
