Building Solana infrastructure at Solmate. Founder, Bithart. Takes here are mine, not the company’s.
Stratosphere
Joined October 2013
- Tweets1.8K
- Following224
- Followers7.5K
- Likes3.5K
GM
If you could hold one real-world asset onchain first, which would it be: treasuries, credit, or stocks?
1
JP retweeted
Meeting "Solmates" at Solana Breakpoint.
Let's link & meet. 🔗
@Solana @SolanaFndn
Bybit's RWA Earn just added JPE, a tokenized Japanese high-dividend equity strategy managed by SBI Asset Management, wrapped by Plume.
Its first equity product. Subscriptions in USDC.
In my own view non-US assets are the next onchain wave, right behind non-USD stablecoins.
23
JP retweeted
Thanks for having us, @SolanaFndn - see you at Breakpoint.
Let's meet👇🏻
solmate.com/solanalondon/#bo…
“Most traditional financial assets are going to be onchain in the next five to ten years. I believe it can happen only on Solana.”
@Keren_maimon1 and @RonSade_ of @Solmate, on the token supercycle and Breakpoint
GM
Western Union's USDPT is live on Solana, issued by Anchorage Digital Bank and built for real payment settlement.
Remittances were the original stablecoin pitch. Now one of the oldest names in payments is doing it onchain.
2
2
34
Tokenized stock trading on Solana hit a record $656.6M in one day on Nov 2. Backpack Securities drove about 91% of it.
A record is a record. Real depth means more than one venue.
Data: @blockworks
15
JP retweeted
CHF-S, a Swiss franc stablecoin, went live on @Solana on Nov 3.
Backed 1:1 by francs at Berner Kantonalbank and Banque Richelieu.
Built on Token-2022, and only verified wallets can hold it.
JP retweeted
Solana changes through SIMDs, Solana Improvement Documents: public proposals reviewed before they go live.
Developers are now discussing a shared protocol specification, a written definition every validator client could build against.
Source: Solana Changelog,Nov 5 2026.
Solana developers have proposed retiring durable nonces, the feature attackers used in the $270M Drift exploit in April.
No mainnet activation before May 2027, with at least six months to migrate.
In my own view this is the unglamorous work institutional adoption depends on.
Source: @coindeskkorea
31
Anchorpoint (Standard Chartered, HKT, Animoca), a licensed Hong Kong stablecoin issuer, plans to mint and redeem its HKDAP stablecoin natively on Solana for payments and tokenized RWA trading.
In my own view: regulated non-USD stablecoins are how onchain finance goes global.
7
4
115
Which changes Solana more: finality in 150 milliseconds, or a $1 trillion asset manager issuing onchain?
1
1
54
Solana's stablecoin market cap is at $14.9B.
112M transactions and 2.9M active addresses in the last 24 hours.
In my own view the usage matters more than the headline numbers.
Data: @DefiLlama, as of Nov 5, 2026
24
