Payments on Solana: September 2026 in Five Stories

What happened

Payment Channels topped 1 million payments per second in testing as Solana stablecoin (a digital token meant to hold a fixed value, usually one dollar) supply reached $17.3 billion and x402 share hit 76%. Back to News Payments October 9, 2026 by Solana Foundation Payments on Solana: September 2026 in Five Stories In September an FDIC-insured bank put stablecoins into its core ledger, and Solana started settling a million payments a second.

Payment Channels went live, taking Solana to 1,000,000 payments per second Every call an agent makes needs a signature approval and settlement, which gets more complicated when agents are making hundreds of small paid calls in a loop. Here are five payments stories from the month on Solana.

Payment Channels , live on Solana since September 3, let an agent authorize a spending limit once, spend against the limit, and settle the payment amount once. Settlement moves to the end instead of the middle.

Alibaba Cloud API (the interface one piece of software uses to talk to another) endpoints were live through it on day one, with no account setup and no per-call approvals. "Think of it like a bar tab or a prepaid meter: you put money down up front, run up usage without paying for each transaction, and settle payment once when you leave."