what's Sphere?
Sphere is a Solana-based payments platform that enables businesses to send, receive, and manage stablecoins like USDC through lightweight APIs, no-code dashboards, and embedded fiat-crypto rails. It supports fast settlements in under 30 minutes across 160+ markets, emphasizing compliance, privacy, and cost-effectiveness for cross-border payouts. The platform originated from private beta, partnering with ecosystems like Helium for data credits and Jupiter for routing, and has raised strategic funding from leading crypto VCs to develop a credibly neutral global payments network.
Sphere's Arnold Lee discussed digital assets & cross-border payments on Solana podcast.
Links
x.com/sphere_labsCo-Founder and CEO Arnold Lee appeared on the "Solana is Global" podcast to discuss digital assets and cross-border payments.
Secured technical advisory contribution from 0xdirichlet for infrastructure development
Added EURC support to SpherePay's API, enabling users to send EURC and settle to USD or EUR, or fund with USD/EUR and receive EURC directly to their wallet on Solana, Base, or Ethereum.
Met with the White House, OCC, SEC, and other key stakeholders in Washington last week to discuss infrastructure-side perspectives on policy and technical details around clearing, settlement, and cross-border interoperability.
Hired Cait as the first marketing hire.
Entered the United Arab Emirates with plans for a fully licensed presence and is actively engaging with DIFC and ADGM for regulatory clarity.
Integrated support for Fogo network, enabling on-ramp and off-ramp functionality across Dashboard and API.
Integrated AftermathFi for direct USD onramping from bank accounts, supporting wallet creation via Gmail or Twitch with USDC gas payments. Launched Offloader Wallets for programmatic stablecoin-to-fiat conversion.
Announces collaboration with Zardot, a stablecoin project focused on bringing cash economies on-chain.
The project launches a redesigned website featuring animations by @Null_Intent.
The project will be represented at Money2020 conference with a speaking engagement on payments technology alongside Solana, discussing how payments companies operate in evolving market conditions.