{"id":35949,"date":"2025-07-09T13:33:31","date_gmt":"2025-07-09T13:33:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35949"},"modified":"2025-07-09T13:33:31","modified_gmt":"2025-07-09T13:33:31","slug":"crypto-exchange-bullish-teams-up-with-solana-for-institutional-stablecoin-push","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35949","title":{"rendered":"Crypto Exchange Bullish Teams Up With Solana for Institutional Stablecoin Push"},"content":{"rendered":"<div>\n<p>Crypto exchange Bullish has struck a partnership with the Solana Foundation, aiming to make Solana-native stablecoins the backbone of its trading and clearing operations.<\/p>\n<p>Under the collaboration, the two will work on institutional-grade financial infrastructure with stablecoins built on Solana to serve as the primary rails for custody, payments, and settlements across Bullish\u2019s ecosystem, the companies announced Wednesday.<\/p>\n<p>The Bullish Exchange, which clears over $2.3 billion in average daily volume, is owned by the Bullish Group, which is also the parent of CoinDesk.<\/p>\n<p>The move underscores a shared push to build faster, cheaper infrastructure that merges traditional and decentralized finance.<\/p>\n<p>\u201cWe\u2019re excited to collaborate with the Solana Foundation,\u201d said Tom Farley, the CEO of Bullish, in a press release shared with CoinDesk. \u201cSolana has proven itself as rails for next-generation financial infrastructure\u2014fast, efficient, and ready for institutional scale.\u201d<\/p>\n<p>The collaboration comes as stablecoins are having a moment in crypto markets, emerging as key tools for payments and trading amid growing demand for low-cost, reliable digital dollars. Currently, the total market cap of stablecoins stands at $255.5 billion, with Solana stablecoin market cap at $10.9 billion, making it one of the <a href=\"https:\/\/defillama.com\/stablecoins\/chains\">top three stablecoin blockchains<\/a> based on market cap, according to DeFiLlama data.<\/p>\n<p>Solana\u2019s speed and low fees have helped it <a href=\"https:\/\/www.coindesk.com\/tech\/2024\/12\/12\/solana-was-the-biggest-draw-for-new-crypto-developers-in-2024-electric-capital\">attract a wave of new developers who are building projects<\/a> that benefit from quick finality and scalability, like stablecoins, DeFi networks, or <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/22\/major-tradfi-institutions-to-pursue-tokenization-efforts-on-solana\">tokenization of real-world assets<\/a>.<\/p>\n<p>\u201cSolana was built for moments like this\u2014where performance, scale, and real-world adoption converge,\u201d said Lily Liu, the President of the Solana Foundation, in the press release.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/22\/major-tradfi-institutions-to-pursue-tokenization-efforts-on-solana\">Major TradFi Institutions to Pursue Tokenization Efforts on Solana<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange Bullish has struck a partnership with the Solana Foundation, aiming to make Solana-native stablecoins the backbone of its trading and clearing operations. Under the collaboration, the two will work on institutional-grade financial infrastructure with stablecoins built on Solana to serve as the primary rails for custody, payments, and settlements across Bullish\u2019s ecosystem, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35949","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35949"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35949\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}