Mastercard expands always-on stablecoin settlement to Solana as RWA inflows reach $716M and tokenized equity activity grows.
Solana became a key focus after Mastercard introduced always-on stablecoin settlement on the network, while several teams announced new tokenization, payments, brokerage, collectibles, and real-world asset products.
The week also included reported RWA inflows of $716 million, which placed Solana ahead of other chains in monthly net capital movement.
Mastercard Expands Stablecoin Settlement on Solana
Mastercard introduced an always-on stablecoin settlement on Solana, according to the supplied market update.
The wider stablecoin settlement stack now spans USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD across eight listed chains.
Mastercard stablecoin settlement now spans 6 tokens (USDC, PYUSD, USDG, USDP, RLUSD, SoFiUSD) across 8 chains (Ethereum, Solana, Polygon, Base, Arbitrum, Canton, Tempo, XRPL). GENIUS Act = payment-eligible. Evidence has to travel with the wallet. https://t.co/q9hAucznis #MiCA pic.twitter.com/wCqoP7TLu0
— Merchant Token (@merchant_token) June 7, 2026
Those chains include Ethereum, Solana, Polygon, Base, Arbitrum, Canton, Tempo, and XRPL.
The update also linked the GENIUS Act to payment eligibility for stablecoin-based settlement flows.
The report said transaction evidence must travel with the wallet. That point was presented as part of the compliance structure around tokenized payments and settlement.
Solana’s role in the update placed the network inside a wider institutional stablecoin settlement framework.
Mastercard’s move also connected Solana to real-time payment access across blockchain rails.
Tokenization Activity Grows Across Solana
Backpack announced Backpack Securities, which connects traditional brokerage services with Solana-native tokenization.
The product was described as a bridge between regulated brokerage access and blockchain-based asset issuance.
The Solana Foundation also launched native Subscriptions and Allowances for delegated spending and recurring billing.
These tools support account-based payments, repeated billing, and controlled wallet permissions.
Several launches added more activity to the Solana ecosystem during the same period.
MoonPay introduced the MoonAgents Desktop App, while Axelar went live on Solana for cross-chain messaging and programmable transfers.
Other teams also shipped products across payments, trading, privacy, gaming, and lending.
These included Phoenix Trade, Lava Card, Umbra Privacy, Zodial, Paytrie, Dyadnum, and Certora’s verification work on Solana’s P-token upgrade.
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RWA Inflows and Ecosystem Metrics Draw Market Focus
Solana recorded the largest real-world asset net capital inflow across chains in May, crossing $716 million.
The figure was reported alongside rising activity in tokenized equities and Onchain collectibles.
Mastercard introduced always-on stablecoin settlement on Solana, Backpack announced a tokenized brokerage, and $716M of RWA capital flowed in last month, more than any other network. While the market looked one way, the institutions and builders kept shipping.
Here’s everything… pic.twitter.com/4081BykBUZ
— Solana (@solana) June 7, 2026
Raydium crossed $2 billion in cumulative trading volume for tokenized equities.
Kamino’s xStocks market also passed $30 million in total market size, according to the supplied update.
Solana also led Onchain collectibles markets with about 60% of total volume.
Moonshot released Moonshot Packs, while Packs Supply launched a collectibles SOV tied to physical pack rewards.
The broader update showed continued development across stablecoins, RWAs, tokenized brokerage, and consumer applications.
Solana Mobile also crossed 1,000 live apps on its dApp Store, while Helium Mobile was acquired by Andrew Yang’s Noble Mobile.
The post Solana Steals Spotlight as Mastercard Stablecoin Settlement Goes Always-On Now appeared first on Live Bitcoin News.
