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Solana news (SOL): Foundation launches developer platform for institutions, taps Mastercard, Western Union and Worldpay

CoinDesk
The Solana Foundation launched the Solana Developer Platform (SDP) to help institutions build blockchain applications, with Mastercard, Western Union, and Worldpay as early users.

Summary

The Solana Foundation has introduced the Solana Developer Platform (SDP), a toolkit designed to simplify the creation and scaling of financial applications on Solana for enterprises, requiring minimal deep crypto infrastructure expertise. The SDP aggregates services from over 20 infrastructure providers, covering custody, compliance, wallets, and payments into a unified interface. Early adopters include Mastercard, which is exploring stablecoin settlement; Western Union, testing cross-border payments; and Worldpay, focusing on merchant settlement and tokenized assets. The platform currently offers modules for issuing tokenized deposits and stablecoins, and processing fiat/stablecoin flows, with a trading module anticipated later in 2026. The Foundation stated that the SDP offers an accessible experience for institutions to build on Solana, leveraging its infrastructure for payments.

(Source:CoinDesk)