#SOLETFsOnTheHorizon Time is money – yet $4 trillion is still trapped in pre-funded accounts just to make global payments work. In 2025, we’re still waiting days and paying 7% to move value across borders.

Messari analyst Austin Wyler recently released a detailed report covering how PayFi on Solana is fixing this. We’ve rounded up some of the highlights for you:

1. Reimagined Cross-Border Settlement

Huma Protocol’s Arf USDC pool on Solana processed $2.8 billion with zero defaults, moving $16 million into 50 rounds annually and growing 86% through 2024.

2. Reduced Costs for Merchants

Traditional card payments cost merchants over 3% and take days to settle. Over 6,000 merchants now use Solana Payments via Helio on Shopify: instant settlement, 1% fee, no refunds.

3. Privacy-Preserving Settlement for Institutions

Spherenet, a Sphere Labs permissioned SVM blockchain, offers compliant, privacy-preserving settlement for regulated financial institutions.

4. DePIN Financing

Roam launches the first DePIN hardware financing program dedicated to Solana — users can finance Wi-Fi routers with just a 30% down payment, then repay with mining rewards.

5. Digital Asset-Backed Payments

Reap has issued a Solana stablecoin-backed credit card that works anywhere Visa is accepted — while Sanctum is enabling new support models for creators through liquid staking tokens.