Stablecoins have become one of the most widely used applications in crypto. They now power corporate treasury management, cross border payments, and merchant payouts at a scale that few other crypto products have reached.
The challenge is that much of this activity remains poorly understood outside crypto native circles.
That gap is what motivated Solana Foundation to launch payments.org, a new site aimed at educating fintech and payments professionals about stablecoins and the infrastructure supporting them as well as giving them tools to build new products in the Solana ecosystem.
In an with TheStreet Roundtable, Sheraz Shere, general manager of payments and commerce at the Solana Foundation, said the timing reflects a shift in adoption.
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“We’re at the point in the innovation cycle where real actual use cases are taking form,” he said, pointing to increasing uptake by major payment companies.
Payments.org is designed as a reference hub. The site explains how stablecoins are being used today, why they matter for payments, and how blockchain infrastructure like Solana fits into those workflows.
Shere described it as a “living, breathing site” that will continue to expand as new use cases emerge.
The examples highlighted so far center on areas where traditional systems struggle. Corporate treasury management is one. Global companies often need to move dollars across jurisdictions quickly while minimizing settlement delays and banking fees. Stablecoins allow that capital to move with the speed of software.
“Anything where money is moving across borders typically is a use case that shines on blockchains and stablecoins,” he said.
Neo banking and embedded finance are also part of the picture. As fintech companies look to offer global services without building regional banking relationships from scratch, stablecoins provide a common settlement layer that works across markets.
The site does not attempt to predict future applications. Instead, it documents what is already happening.
Shere said the goal is to meet institutions where they are, as adoption shifts from experimentation to implementation.
Notably, stablecoin market dominance rose to 13.3% in February as broader crypto prices declined, pushing total market cap to $309 billion.
While USDT slipped to 59.4% dominance, USDC gained ground, with its market cap rising 6.39% to $74.5 billion and trading share hitting a record 19.7%.
