Why did we build Solace Pay on Solana?
Two reasons that matter to your business:
> Speed: transactions settle in under a second. Not minutes. Seconds. Cost: near-zero per transaction. Not $30 per wire.
> Solana is financial infrastructure. We just packaged it into payroll.
Here is what using Solace Pay looks like as an employer:
Add your contractors (via email)
Set their rate & payment schedule
Approve the payment run
Done.
> They receive it in seconds
Payroll for global teams should have been this simple years ago.
Most companies paying global contractors are still using bank wires. 3-5 business days. $15-50 / trx.
Manual reconciliation. Repeat every month.
Solace Pay is built to replace that. One dashboard. Add your contractors. Run payroll. Payments arrive in secs.
That's it.
You approve a contractor payment on Monday.
They see it Thursday. Maybe Friday.
Meanwhile a Solana transaction settles in under a second.
The infrastructure for fast global payments exists. It just hasn't been packaged into payroll software.
Until now.
Global contractor payroll is slow, expensive, and logistics heavy than it should be.
We are fixing that.
Solace Pay: modern payroll software for global teams.
More soon.
🧵 We built @solace_pay for the @colosseum Solana Frontier Hackathon. A payroll platform for global remote teams that is private by default, compliant by design, & minimal Crypto UX from anyone using it. Here is what we built & how.
@solana@SuperteamPAK@superteam@KASTxyz