Credible Finance and OwlTing Open China Payment Corridor on Solana Stablecoin Rails

Credible Finance has struck a partnership with OwlTing Group (NASDAQ: OWLS), a Japanese fintech backed by SBI Holdings, to route cross-border payments into China and India through Solana's stablecoin infrastructure, pairing a Solana-native enterprise payments protocol with a NASDAQ-listed operator holding money-transmission licenses across 42 U.S. states.

The two companies announced the arrangement in a GlobeNewsWire press release on June 15. Under the terms, Credible Finance is onboarding to power payouts into China via OwlTing's OwlPay Harbor network, while OwlTing plans to use Credible's payment infrastructure to open payment routes into India.

OwlPay Harbor: 40 Markets, 103% Monthly Order Growth

OwlPay Harbor is a three-layer payments stack (Agent Wallet, Agent Checkout, and underlying settlement rails) that reaches 40-plus markets across 37 currencies and 86 payment methods. Transaction orders grew at a 103% compound monthly rate from March through May 2026, according to the press release.

OwlTing holds 41 Money Transmitter Licenses across 42 U.S. states, a VASP registration in Poland, and a Bank API license in Japan. That licensed infrastructure gives the company a compliance foundation to plug Solana stablecoin rails into China's payment ecosystem.

OwlTing Founder and CEO Darren Wang framed the logic in the announcement: "OwlPay Harbor is gaining traction because enterprises increasingly need cross-border rails that combine reach, speed, and regulatory discipline."

Credible Finance: $641M Processed, 51 Enterprise Clients

Credible Finance has processed $641 million in payments to date and counts 51 enterprise clients as of May 31, 2026, up from 36 in April, a 40-plus percent increase in a single month. The company has publicly targeted $5 billion in annual processed volume for 2026.

The press release describes Credible's infrastructure as running on distributed ledger technology and a digital currency economy but does not specify which stablecoins are in use. The China corridor is currently in the onboarding phase; the India routes remain in the planning stage.

China and India: Two of the Hardest Cross-Border Corridors

China operates a tightly regulated settlement environment, and India's inbound remittance market ranks as the world's largest by volume per World Bank data. Enterprise clients moving money across either corridor routinely encounter cost and settlement-speed constraints that correspondent banking has not resolved.

SBI Holdings' involvement reinforces OwlTing's ability to navigate those constraints. SBI is one of Japan's largest financial groups and a recurring presence in Solana's institutional ecosystem: its trading arm SBI VC Trade took over custody and asset management for Tokyo-listed WIZE's SOL treasury earlier this month.

The deal fits the broader enterprise payments wave landing on Solana in mid-2026. The Solana Foundation's developer platform launch brought Worldpay and Western Union onto Solana's stablecoin rails in June; WalletConnect Pay added Solana for merchant checkout; and Mastercard named Solana as one of eight blockchains for always-on card settlement. The Credible-OwlTing partnership extends that pattern into enterprise B2B, targeting emerging-market corridors where the settlement-speed gap against legacy correspondent rails is widest.

OwlTing ranked 226th on the Financial Times and Statista High-Growth Companies Asia-Pacific 2026 list, posting a 42% compound annual growth rate. The company operates as OBOOK Holdings Inc. for NASDAQ reporting purposes.

Credible Finance co-founder and CEO Shrikant Bhalerao leads the protocol. The @solana official account reposted the announcement on June 16.