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Stripe-backed Privy Teams Up with Jito Labs to Launch Solana Transaction Tool FullSend

BlockBeats News, July 9th, Stripe's wallet infrastructure company Privy and Solana infrastructure company Jito Labs jointly launched the transaction finality tool FullSend. Through Jito's low-latency network, transactions are directly routed to current and upcoming Solana block producers, compressing transaction finality to 50 milliseconds (compared to at least 200 milliseconds using traditional methods) and providing MEV protection by default.


This tool has been silently running in the Privy wallet since January of this year, processing millions of transactions with a successful settlement rate of 99.999%.

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Stripe can now offer services across the entire crypto stack, with Privy providing wallet tools on the front end, and Bridge supporting stablecoin clearing and transfers on the back end.
As early as 2014, Stripe became one of the first companies to accept Bitcoin payments. Although the plan could not continue in 2018, Stripe has been committed to promoting payment business in the crypto field over the years.
How will Fintech companies respond to the Stablecoin Wave? What is Stripe's next move in the crypto space?
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