According to CoinMeta, the Solana Foundation announced the appointment of Rachel Conlan as Chief Strategy Officer and Jamal Raees as General Manager of Payment Business, in order to expand institutional adoption and payment services. Conlan previously worked at Binance for three years and held senior management positions at companies such as OKX. Raees, who comes from Polygon Labs, will be responsible for collaborating with payment companies, enterprises, and ecosystem partners to promote the use of Solana as a global payment infrastructure. The foundation stated that this year, the trading volume of Solana stablecoins has exceeded $5 trillion, the scale of on-chain real-world assets (RWA) has surpassed $4.5 billion, and the supply of tokenized stocks has exceeded $620 million.