Solana has joined forces with several leading blockchain organizations to launch the Blockchain Payments Consortium (BPC), a new global alliance designed to unify the fragmented world of digital payments. The initiative, officially announced on November 6, 2025, aims to standardize cross-chain stablecoin transactions, strengthen interoperability, and create a regulator-friendly bridge between blockchain networks and traditional financial systems.
Unifying Blockchain Payments Through Collaboration
The BPC’s founding members include the Solana Foundation, Fireblocks, Monad Foundation, Mysten Labs, Polygon Labs, Stellar Development Foundation, and the TON Foundation. Together, these organizations represent some of the most advanced blockchain ecosystems and payment infrastructure providers in the world.
The consortium’s goal is clear: to create a universal framework that allows stablecoin payments to move freely between networks such as Solana, Polygon, and Stellar. By introducing shared technical standards, the group aims to eliminate the friction that currently limits blockchain-based payments from scaling to the level of global financial systems.
Key Objectives: Efficiency, Interoperability, and Compliance
The Blockchain Payments Consortium will prioritize four major initiatives:
- •Standardizing cross-chain stablecoin transactions to enable instant and reliable value transfer between different blockchains.
- •Improving payment speed and cost-efficiency, helping blockchain payments compete directly with traditional card networks.
- •Integrating with existing financial infrastructure, closing the gap between crypto and fiat systems.
- •Establishing compliance-ready standards to align blockchain payments with global regulatory frameworks.
These goals align with increasing global demand for secure, low-cost cross-border payments, an area where stablecoins have already demonstrated strong traction.
Riding the Stablecoin Momentum
The timing of the BPC’s formation is significant. In 2025, stablecoin transfer volumes exceeded those of Visa and Mastercard combined, signaling a major shift in how global value moves across digital and traditional rails. However, the lack of interoperability between different blockchain platforms remains a major barrier to broader adoption.
By bringing together leading ecosystems like Solana and Stellar, the consortium aims to leverage their technological strengths—Solana’s high throughput, Stellar’s payment network integrations, and Polygon’s scalability—to create a new foundation for institutional-grade blockchain payments.
A Step Toward Institutional-Scale Adoption
Industry analysts view the BPC as a major milestone toward mainstream blockchain payment adoption. With unified standards, stablecoin transfers could soon become as seamless as traditional card payments, but faster, cheaper, and globally accessible.
If successful, the Blockchain Payments Consortium could play a pivotal role in shaping the next generation of cross-border payment infrastructure, positioning blockchain networks like Solana and Stellar at the center of financial interoperability.