BIT Mining Launches DOLAI Stablecoin on Solana

BIT Mining Limited has launched DOLAI, a USD-backed stablecoin on Solana, announced in a press release. This stablecoin aims to connect AI agents, merchants, consumers, and institutional finance within Solana's blockchain ecosystem, with plans for broader multi-chain interoperability.

DOLAI is introduced in collaboration with Brale Inc., ensuring compliance with U.S. regulatory standards. It is designed to integrate with AI payment protocols, enabling autonomous machine-to-machine transactions. The stablecoin is natively available on Solana and supports seamless swaps across multiple blockchains, including Ethereum and Base.

Institutions can mint and redeem DOLAI via ACH or wire transfers, bridging traditional finance with crypto-native settlement. The stablecoin also supports fast, low-cost purchases, online shopping, and micro-payments by AI agents, enhancing its utility in both consumer and institutional settings.