Xapo Bank adds USDC deposits on the Solana Network

Stablecoins

October 9, 2025

Written by Xapo Bank

Xapo Bank members can now deposit USDC via the Solana network for fast, low-cost account funding.

At Xapo Bank, stablecoins are already the most popular way our members fund their accounts. After recently introducing USDT deposits on Tron, we’re now adding another major network: USDC on Solana.

Why Solana?

Lower costs – Transaction fees are a fraction of traditional transfer costs.
Near-instant deposits – Solana confirmations take seconds, not minutes.
Same deposit process – Use your unique deposit address in the app; funds are automatically converted into USD in your Xapo Bank account, earning up to 3.75% annual interest.

Why this matters

Stablecoins are reshaping how money moves across borders. By adding more networks like Tron and Solana, we’re giving you more flexibility, lower costs, and faster ways to move funds globally.

Getting started

Select Solana as your network for USDC in the app.
Use your unique deposit address.
Send your USDC – they’ll be converted to USD instantly in your Xapo Bank account.

That’s it. No extra fees, no delays.

Disclaimer

This article is for general information purposes only and is not intended to constitute legal or other professional advice or a recommendation of any kind whatsoever and should not be relied upon or treated as a substitute for specific advice relevant to particular circumstances. We make no warranties, representations or undertakings about any of the content of this article (including, without limitation, as to the quality, accuracy, completeness or fitness for any particular purpose of such content), or any content of any other material referred to or accessed by hyperlinks through this article. We make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up-to-date.

The content of this article and related material is subject to change without notice and should therefore not be relied upon when entering into an agreement with us for any of the services that we may offer.

Xapo Bank Limited is regulated by the Gibraltar Financial Services Commission as a ‘credit institution’. Xapo VASP Limited is regulated by the Gibraltar Financial Services Commission as a ‘Distributed Ledger Technology Provider’. Xapo Credit Limited is licensed under the Financial Services (Moneylending) Act of Gibraltar as a "Moneylender" and regulated for conduct of business purposes by the Gibraltar Financial Services Commission under the Financial Services (Consumer Credit) Act 2011.

Crypto asset services are provided by Xapo Vasp Limited and not by Xapo Bank Limited. Xapo Bank Limited provides services exclusively in respect of fiat balances. Crypto asset deposits are not covered by the Gibraltar Deposit Guarantee Scheme. Cryptoasset services are currently unregulated in the UK.

The Annual Interest Rate offered on both USD and Bitcoin deposits is variable and may change at any time. Please see our Interest FAQs for more information. Interest on both USD and BTC is currently paid in Satoshis. We may instead choose to pay it in any other supported currency or currencies (fiat and/or crypto) from time to time.

Approved by Xapo Bank Limited on 26.09.25

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