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Altcoins & DeFi

Solana Foundation Executive Cites Speed in Samsung Payment Choice

Image: TokenPost

Jamal Raees, general manager of payments at the Solana Foundation, cited transaction speed, cost efficiency and network availability as reasons Samsung chose Solana for payment solutions. Separately, Solana and Samsung have partnered on a stablecoin payments initiative covering 82 million Samsung devices . The initiative aims to expand blockchain use in everyday transactions. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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