Mastercard taps Solana as it brings stablecoin settlement to its global card network

Solana has officially overtaken every individual Ethereum layer-2 in the race for global payments. It now handles 35% of all on-chain stablecoin transfers, with Mastercard and Visa moving live settlement activity to the network instead of just running pilots. In a single quarter, Solana cleared over $832 billion in stablecoin volume. If the biggest financial institutions are choosing Solana over Ethereum for real-world utility, is the L2 scaling narrative dead? Do you agree?
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