Solana Ecosystem Accelerates Stablecoin, PayFi, and Tokenization Initiatives at Super Tokyo

Tokyo, Japan – The Solana ecosystem is witnessing significant advancements in stablecoin integration, payment financing (PayFi), and asset tokenization, highlighted by activities at Solana Super Tokyo and Startup Village. A recent tweet from the official Solana account underscored the momentum, stating, > "Big things are happening with the @SuperteamJapan crew in Tokyo 🇯🇵🗼 - The future of stablecoins with Visa and Circle - PayFi with Huma and Kast - Tokenization with Jupiter." These developments are central to Japan Blockchain Week 2025, positioning Solana at the forefront of Web3 innovation in the region.

Superteam Japan, a Solana Foundation-recognized community, organized Solana Super Tokyo 2025 with a focus on "Internet Capital Markets," bringing together global experts in stablecoins, payments, and token infrastructure. The conference, a key part of Japan Blockchain Week, serves as a platform for networking and showcasing advancements within the Solana ecosystem. Startup Village, an associated program, supports Japanese teams for global Solana startup competitions, fostering new projects in the space.

A major focus is the collaboration between Visa and Circle on stablecoin settlement. Visa has expanded its capabilities to include USDC on the Solana blockchain, enabling faster and more cost-effective cross-border payments. This initiative, which began piloting in 2021, allows merchant acquirers like Worldpay and Nuvei to settle transactions in USDC, drastically reducing settlement times from days to under 10 seconds with near-zero costs, a significant improvement over traditional SWIFT transfers.

The "PayFi" sector is also gaining traction, with Huma Finance leading the charge. Huma Finance, the first PayFi network, recently launched Huma 2.0 on Solana, aiming to provide composable real yield to DeFi users from global payment financing. Co-founder Erbil Karaman and Raagulan Pathy of Kast are actively involved, with Kast speaking at the PayFi Summit. Huma Finance has processed over $4.4 billion in PayFi transactions, bridging traditional finance with decentralized solutions by enabling the tokenization of real-world assets.

In the realm of tokenization, Jupiter, a prominent decentralized exchange (DEX) aggregator on Solana, is playing a crucial role. Jupiter has facilitated the trading of tokenized pre-IPO stocks through a partnership with PreStocksFi, offering fractional ownership in private companies like SpaceX and OpenAI. This initiative democratizes access to previously illiquid assets, allowing 24/7 trading via Jupiter's platform and leveraging Solana's high-speed, low-cost network for efficient execution.