Solana Ventures leads $18 million round in Squads to scale its stablecoin platform Altitude
Squads raised $18 million led by Solana Ventures for its Altitude stablecoin platform, bringing total funding to $42.9 million. The Solana-based multisig protocol aims to enable businesses to operate on stablecoins instead of traditional banks, positioning itself as faster and cheaper. Altitude has processed $200 million in payments since December launch across exporters and crypto-native companies globally.
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Visa Adds Base, Polygon, Canton, Arc and Tempo to Stablecoin Settlement Program
Visa expanded its stablecoin settlement program to five new blockchains: Base, Polygon, Canton, Arc, and Tempo. This integration strengthens institutional adoption pathways for stablecoins, enabling faster and cheaper cross-border transactions. The move signals growing mainstream fintech confidence in blockchain infrastructure, benefiting USDC and other compliant stablecoins. For Indian investors, this enhances legitimacy of crypto settlement infrastructure globally.
Wall Street is coming to Consensus Miami — and it’s not just to watch
Wall Street heavyweights Morgan Stanley and JPMorgan are sponsoring Consensus Miami 2026 (May 5-7), signaling institutional crypto adoption's maturity. Over 15,000 attendees expected, including federal policymakers and major finance executives, will discuss stablecoins, tokenization, and agentic commerce. Institutional attendance doubles to 35%, representing $10 trillion in assets under management, marking crypto's convergence with traditional finance.