Crypto exchange Bullish has announced a partnership with the Solana Foundation to utilize Solana-native stablecoins in its trading and clearing operations. This collaboration aims to establish institutional-grade financial infrastructure using stablecoins designed for custody, payments, and settlements within Bullish’s ecosystem. Bullish, which processes an average daily trading volume of over $2.3 billion, highlights that Solana's rapid transaction speeds and low fees make it an appealing option for developers and financial institutions looking for scalable blockchain solutions. The partnership comes at a time when stablecoins are gaining traction in the crypto markets, corresponding to a total stablecoin market capitalization of $255.5 billion. Solana's stablecoin market cap is notably $10.9 billion. Leaders from both organizations expressed excitement about the potential for Solana to serve as a foundation for next-generation financial infrastructure, emphasizing the intersection of performance, scale, and real-world adoption.

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