Solana processes over 65,000 transactions per second with sub-second finality — the fastest blockchain for international transfers.
Solana settles in under 1 second and costs $0.00025 per transaction, making it the fastest major blockchain for remittances.
A Solana remittance works in three steps: (1) the sender buys USDC on a supported on-ramp exchange using their local currency; (2) the USDC travels across the Solana network, settling ~1 second with a network fee of $0.000250 regardless of amount; (3) the recipient sells USDC on a local off-ramp exchange for their local currency and withdraws to their bank account.
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Solana achieves transaction finality in approximately 400 milliseconds — under one second. Once confirmed, the USDC arrives at the destination exchange almost instantly. The total end-to-end time depends on how quickly the receiving exchange processes the deposit.
Solana has matured significantly since its early network outages. The network now maintains over 99.5% uptime and processes billions of dollars in value daily. For remittance use, USDC on Solana is widely supported by major exchanges including Coinbase, Kraken, and Binance.
The Solana network fee is approximately $0.00025 per transaction. This is a flat fee regardless of the amount sent — sending $100 or $10,000 costs the same quarter of a cent in network fees.
On the buy side, Coinbase, Kraken, and Binance support Solana USDC. For receiving, most major off-ramp exchanges in our tracked corridors accept Solana USDC deposits, including Luno, Bitso, Coins.ph, PDAX, CoinDCX, VALR, and others.
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