Stablecoins on Bitso just got even better. We’re excited to announce that you can now send, and receive Tether (USDT) on the Solana network. This unlocks faster transfers, lower fees, and seamless access to a vibrant DeFi ecosystem built on Solana.
Whether you’re moving funds across borders, exploring decentralized finance, or just looking for the most efficient way to manage your crypto, USDT on Solana gives you speed, scalability, and affordability like never before.
Why This Matters
Solana is designed for high-speed, low-cost transactions. With its ability to handle thousands of transactions per second and its minimal fees, Solana has quickly become one of the most powerful blockchains for stablecoins like USDT.
By enabling USDT on Solana, Bitso empowers you to:
- Send and receive USDT almost instantly with significantly lower costs compared to traditional networks.
- Trade more efficiently, avoiding high fees and slow settlement times.
- Unlock access to Solana’s thriving DeFi ecosystem, where you can put your USDT to work in innovative ways.
What You Can Do with USDT on Solana
Adding USDT on Solana is more than just faster payments, it’s your gateway to a wide range of DeFi opportunities. Here’s how you can use it across key categories:
DEX Swaps & Aggregators
- Jupiter: Solana’s leading DEX aggregator that finds the best swap routes for your USDT across multiple liquidity sources.
- Raydium: A decentralized exchange and automated market maker (AMM) where you can swap USDT, provide liquidity, and explore yield farming.
- Orca: Known for its simple, user-friendly swaps, Orca also allows liquidity providers to earn rewards by supplying USDT.
- pump.fun: Solana has become the hub for meme coin culture. Platforms like pump.fun make it easy for communities to launch and trade meme tokens in minutes.
Lending & Borrowing
- MarginFi: A lending protocol where you can deposit USDT to earn interest or borrow assets against your collateral.
- Solend: A popular decentralized money market that lets you lend USDT and earn competitive yields.
Staking & Restaking
- Jito: While focused on liquid staking for SOL, paired strategies in the Solana ecosystem allow you to optimize your yields and manage exposure while holding USDT.
- Kamino: A yield optimization platform where USDT can be deployed in automated strategies to maximize returns.
With USDT on Solana, you’re no longer limited by slow or expensive networks, you can access cutting-edge DeFi tools quickly, cheaply, and at scale.
How to Use USDT on Solana with Bitso
Getting started is simple:
- Select USDT in your Bitso wallet.
You’ll now see Solana (SOL) as a network option. - Withdraw or deposit on Solana.
Enter the recipient wallet address, double-check the details, and confirm. - Explore DeFi.
Connect your wallet to Solana-based protocols like Jupiter, Raydium, Solend, or Jito and start swapping, lending, or providing liquidity.
It’s that easy.
Faster, cheaper, and more powerful stablecoin transactions are just a few taps away.
Get Started Today
Start using USDT on Solana with Bitso today. Experience the benefits of speed, scalability, and efficiency when managing your stablecoins, and unlock new ways to use your crypto across Solana’s innovative DeFi landscape.
Disclaimer
This blog is for informational purposes only and does not constitute financial advice. Cryptocurrency transfers are irreversible, always double-check wallet addresses before confirming any transaction. Interacting with DeFi protocols carries risk; make sure to do your own research (DYOR) and understand the potential outcomes before committing funds. Bitso does not endorse or guarantee third-party platforms. Trade and invest responsibly.
