Mike Hale Ramp has opened Stablecoin Accounts and stablecoin Bill Pay to all 70,000+ of its business customers after a beta with more than 150 companies, with Solana among the seven networks supported for deposits and payments. Businesses can hold USDC or USDT, pay vendors from that balance, and earn rewards of up to 3.25% on eligible stablecoin balances.
Ramp is a corporate card and spend management platform that processes roughly $200 billion in annual purchase volume. Stablecoin payments on Solana now sit inside the same dashboard as its checking accounts, card statements, and bill approvals. A USDC payment routed over Solana follows the same approval chain and lands in the same ERP sync as a payment made in dollars.
Businesses shouldn't need a second financial system just because a payment settles on different rails. - Andrew Chapello, Stablecoin Product Manager, Ramp
What is a Ramp Stablecoin Account?
A Ramp Stablecoin Account is a business account that holds USDC and USDT alongside a company's fiat balances and lets it pay vendors, settle card statements, and reimburse employees directly from those funds.
Deposits work two ways. A business can send stablecoins in by wallet transfer, or send USD by ACH or wire and let Ramp convert it automatically. At rest, balances convert to USDB, Ramp's infrastructure stablecoin. Moving funds between the stablecoin account and a USD account takes about one business day.
The account is one of two things Ramp shipped. The other is stablecoin payment as an option inside Bill Pay, which doesn't require opening a Stablecoin Account at all. A company can pay an invoice in USDC out of its existing USD balance and let Ramp handle the conversion, which lowers the bar for a finance team that wants faster settlement without holding a crypto balance on the books.
Ramp supports USDC and USDT across seven networks:
Solana
Ethereum
Base
Polygon
Arbitrum
Optimism
Tempo
Solana is the only high-throughput non-EVM chain on that list. It carries roughly $17 billion in stablecoin market cap, which puts it among the largest settlement venues for digital dollars outside Ethereum and Tron.
Ramp covers all gas fees for stablecoin payments made from the account, so a business paying a vendor over Solana never has to hold SOL.
Why does settling on Solana matter for B2B payments?
Solana settles a stablecoin transfer in seconds for a fraction of a cent, which is what makes it practical to pay a vendor invoice onchain rather than by wire.
A SWIFT wire takes three to five business days and carries fees around 6.5% once correspondent bank charges and FX spreads are counted. A stablecoin transfer settles in minutes and costs a few cents. There's also no pre-funding requirement, so a company doesn't need to park cash in a foreign account ahead of payment runs.
Ramp says more than 1,000 businesses were already paying vendors in stablecoins on its platform before general availability, and more than 70% of that payment volume moved outside traditional banking hours. Stablecoin rails run 24/7, so there are no cutoff windows, banking holidays, or weekend freezes. Hundreds of companies have opened Stablecoin Accounts since the July 21 launch.
Ramp lists 140+ countries for direct wallet transfers and 40+ currencies for payouts converted to fiat through local rails.
Rewards, custody, and the fine print
Ramp pays up to 3.25% in rewards on eligible stablecoin balances, calculated as a variable annualized rate on the average daily balance. Two conditions apply per calendar month:
Deposit at least $5,000 in eligible stablecoins
Complete at least five qualifying payments
The infrastructure underneath is Stripe's stablecoin stack. Bridge handles issuance, orchestration, and custody, and Privy provides the wallet layer. Funds sit in a custodial segregated wallet that Ramp manages through those partners. Balances are not FDIC-insured, so a stablecoin balance at Ramp carries custodial and issuer risk that a bank deposit doesn't.
Some terms and conditions apply:
US-based businesses only, excluding New York
Multi-entity businesses can access the account through the primary entity only
Stablecoin custody terms from Bridge Building Inc. and its affiliates must be accepted
International payments may carry transaction or financing fees
Ramp stablecoin payments on Solana are live now for eligible customers through the Banking section of the Ramp dashboard.
Full product details: Stablecoins. Now on Ramp.