Loop supports crypto payments on Solana
We are happy to announce that Loop Crypto is now available on Solana. In early 2024, we had increasing demand from clients requesting Loop to deploy on Solana. With its vibrant ecosystem spanning trading, gaming, NFTs, and a variety of other use cases, we saw more and more projects launching on Solana and wanting to accept payments onchain from their customers there.
At Loop, we have traditionally focused on the EVM ecosystem, originally deploying the first version of our MVP on Ethereum and Polygon. From there, we have launched on numerous EVM-compatible chains including Arbitrum, Optimism, Base, and BNB Smart Chain. We’ve seen tremendous growth in payment volume across EVM chains, especially as L2s have proliferated and the cost of onchain transactions has been significantly reduced.
There is no doubt though that Solana represents a similar opportunity to provide customers and merchants with a world class payments experience that is fast and secure. Since its founding, Solana has cultivated a passionate ecosystem focused on real-world use cases. The developer community is of the highest caliber and is welcoming to new teams building in the space. Solana has seen massive growth over the last couple of years and continues to be one of the leading blockchain ecosystems.
We’re excited to now bring Loop’s unique capabilities to the chain. This includes our native autopay functionality, allowing for recurring payments, which eliminates manual billing work and reduces customer churn. Our integrations with Stripe, Xero, and QuickBooks will also be critical in allowing teams to incorporate payments on Solana into their existing financial operations tools. With Loop’s ability to support a range of use cases like subscriptions, invoices, donations, and payment scheduling, we’re excited to support a broad range of teams.
If you’re ready to get started with crypto payments on Solana, let’s talk. We’re already live with several projects on Solana and are excited to continue growing our presence in the ecosystem.
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About Loop
At Loop Crypto, we build infrastructure to unlock truly programmable money and create an open financial system. We enable crypto payments for 50+ of the top web3 companies, including Pinata, Neynar, Paragraph, Kaito, ETHGlobal, and ENS, supporting millions of dollars transacted and saving thousands of hours.
Whether the payment is one-time or recurring, Loop supports a broad range of payment use cases: subscriptions, one-time charges, recurring bill pay, loan repayments, and donations. Our integrations with Stripe, QuickBooks, and Xero make it easy to implement crypto payments within your existing operations.
If you’re ready to get started, book a call with our team to get started in minutes.
Stay in the Loop.