Thunes has integrated EURC, a euro-backed stablecoin, on the Solana blockchain, letting businesses send and receive euro payments around the clock in 140 countries. The company said the move is meant to improve global euro liquidity and make cross-border transactions smoother.
How the integration works
EURC prefunding is the key piece. Instead of waiting for bank settlement windows, Thunes can hold EURC in advance and settle payments instantly, any day of the week. That removes the traditional gap between when a payment is initiated and when it actually lands.
The integration runs on Solana, a blockchain known for fast and low-cost transactions. For Thunes, that means euro payments can move without the delays that often come with correspondent banking networks.
Businesses in any of the 140 countries where Thunes operates can now send euros without being tied to banking hours. A company in Singapore can pay a supplier in Germany on a Sunday night, and the funds arrive immediately. That's a real shift for companies that have had to plan around time zones and bank holidays.
Thunes said the integration also strengthens euro liquidity across its network. By using a stablecoin that's already prefunded, the company can offer more predictable settlement times and reduce the friction that typically slows international transfers.
A step for stablecoin adoption
The move is another sign of stablecoins moving beyond crypto trading and into everyday payments. EURC is pegged to the euro, so it holds its value while still being programmable and instant. Thunes said the integration is part of its broader effort to boost stablecoin adoption among businesses that need reliable cross-border payments.
For now, the service is live across the 140 countries Thunes already covers. The company hasn't said whether it plans to add other stablecoins or blockchains next, but the infrastructure is in place to expand.
