FDIC-insured Column integrates USDC and USDT on Solana for 24/7 dollar conversion via its banking core.
DeFi & Yields ·
Column, an FDIC-insured institution, has integrated USDC and USDT on Solana into its banking infrastructure to enable around-the-clock dollar conversion. The integration leverages the stablecoins' presence on the Solana blockchain to offer continuous access to dollar-denominated transactions through Column's core banking operations.
The move connects two major dollar-pegged stablecoins—USDC and USDT—with traditional banking infrastructure on a high-speed blockchain. By embedding these tokens into its banking core, Column can facilitate settlement and currency conversion outside standard banking hours, a capability previously limited to traditional financial institutions operating on conventional market schedules.
Details regarding the specific mechanics of the integration, operational launch date, and transaction volume or usage parameters remain unspecified. It is also unclear whether the integration applies to all of Column's banking services or particular product lines.