This achievement showcases cryptocurrency’s growing acceptance in commerce and rising consumer confidence for substantial purchases.
51% of customers, contributing to $20 million in sales, opted for $USDC transactions through Solana Pay, powered by Helio.
Solana Mobile: Leading with $USDC Transactions
The surge in Solana mobile sales on Shopify reflects its strong ecosystem, enabling smooth transactions and a user-friendly platform for merchants and buyers. So, the integration of Solana Pay, in particular, has revolutionized the checkout experience, allowing for instant, secure, and cost-effective payments. This payment solution uses Solana’s fast blockchain for low-fee, real-time transactions, outperforming traditional methods.
🚨 BREAKING: Solana achieves $45M+ in @solanamobile sales on @Shopify.
A majority, 51%, of customers opted to use $USDC (totaling $20M) via @solanapay, powered by Helio. pic.twitter.com/WxK933gCVE
— SolanaFloor | Powered by Step Finance (@SolanaFloor) February 13, 2024
In volatile markets, stablecoins like $USDC protect against fluctuations, appealing for significant purchases on the Solana mobile platform. So, using $USDC with Solana Pay signals a shift to more crypto transactions in e-commerce, showing a broader interest in digital currency use.
The Solana, Shopify, and Helio partnership showcase blockchain’s potential to revolutionize e-commerce. Leveraging Solana’s blockchain, Shopify merchants can access a crypto-savvy market, boosting revenue and customer base. Helio’s infrastructure for Solana Pay guarantees fast, efficient, and secure transactions, ensuring confidence among buyers and sellers.
More About Solana
It’s important to mention that Solana stands as the premier DePIN (Decentralized Protocols for Interoperable Networks) chain. Hosting the Big 3: Helium, Hivempaper, and Render, which are pivotal in defining the landscape of decentralized network services. However, its role in the blockchain ecosystem extends far beyond just being a platform for these giants. Here is a review of them:
SOLANA 🤝 DEPIN
Solana is the leading DePIN chain, home to the Big 3: Helium, Hivempaper, and Render — but it's much more than that.
Here's a comprehensive note on why Solana, the big DePIN projects, and trends to watch 🧵 👇 pic.twitter.com/tpH9am9Lo4
— Superteam (@SuperteamDAO) February 13, 2024
Solana’s high-performance blockchain offers unparalleled speed, scalability, and security, making it an attractive foundation for a wide range of applications beyond the Big 3. So, beyond DeFi, NFTs, and gaming, Solana equips developers to create cutting-edge, user-centric dApps, reinforcing its role as a versatile blockchain cornerstone.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
