Solana is conducting pilots with Visa and Shopify, however it’s unclear whether or not the blockchain can break into extra mainstream shopper and business-to-business funds, which might require an enormous soar in scalability, the notice stated.
“Scalability necessities for shopper funds would require 15-20 fold progress from right here (Solana ~700 TPS versus 10K+ for fee networks), and common objective blockchains are but to cross that chasm,” the report added.
Learn extra: Stablecoin USDC Is Making a Comeback: Coinbase