Solana, Fireblocks, Monad, and other blockchain projects have joined forces to create the Blockchain Payments Consortium (BPC), aiming to standardize cross-chain payments. The consortium seeks to establish a common framework that enhances the cross-chain transaction experience for stablecoins, aligning with traditional payment systems' convenience and data requirements.
The BPC's mission is to address the challenges of integrating traditional and blockchain payments. Current members include the Stellar Development Foundation, the TON Foundation, the Solana Foundation, the Monad Foundation, Fireblocks, Polygon Labs, and Mysten Labs.
Solana and Partners Form Consortium to Standardize Cross-Chain Payments
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
