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Solana Foundation hires top execs to boost strategy and payments as stablecoin volume hits $5T in 2026

Protocol Fundamentals
24 Sep 2026
Crypto Briefing
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Bullish
Solana Foundation hires top execs to boost strategy and payments as stablecoin volume hits $5T in 2026

The Solana Foundation appointed Rachel Conlan, former Binance CMO, as chief strategy officer and Jamal Raees, ex-Polygon Labs payments head, as general manager of payments. This move supports Solana's goal to become the leading platform for institutional crypto payments, highlighted by its processing of over $5 trillion in stablecoin volume in 2026. The Foundation also recently hired a chief information security officer, emphasizing its focus on security, strategy, and payments to attract compliance-conscious institutional partners. These hires reflect Solana's ambition to grow its protocol and capitalize on its active builder community and significant real-world asset activity.

The Solana Foundation's strategic hires come as Pluang's cryptocurrency market shows broad declines, with only 9 of 50 major cryptocurrencies rising as of Sep 24, 2026 20:21 WIB. For readers following digital assets, here is Pluang's market snapshot: THETA fell 5.61% to Rp3.833 with a typical hold time of 77 days and 60% buy orders; MANA dropped 5.48% to Rp1.484 with 93% sell orders and a hold time of 155 days; CRV declined 5.34% to Rp5.940 with 68% sell orders and a 61-day hold time.

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