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Solana Pay launches to expand crypto e-commerce market -Breaking

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© Reuters.

The peer-to-peer payment infrastructure Pay was created to allow the worldwide market of point-of sale providers and online merchants to settle and accept payments in an array of digital assets.

A joint collaboration between Solana Labs, Checkout.com, Circle and Citcon, in addition to wallet integrations from Phantom and FTX, the platform’s inbuilt software development kit acts as an intermediary between traditional fiat-centric businesses and the cryptocurrency sector, promising to promote wider engagement and adoption from traditional consumers.