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Mastercard, Western Union tap Solana Foundation’s new enterprise developer toolbox

The Block
Mastercard, Western Union, and Worldpay are early adopters of the Solana Foundation's new enterprise developer platform (SDP).

Summary

The Solana Foundation launched the Solana Developer Platform (SDP), an AI-powered toolbox designed to help institutions build on the Solana blockchain, featuring unified infrastructure for launching real-world assets and payment technologies. Mastercard, Western Union, and Worldpay are among the early users. Mastercard is utilizing SDP to expand its stablecoin operations, aiming to enable direct stablecoin settlement on Solana by combining blockchain speed with Mastercard's network reliability. Western Union plans to use SDP to modernize operations by adding an API-driven, on-chain layer for orchestrating fiat and stablecoin flows end-to-end. The SDP includes modules for issuance, payments, and trading, and supports AI coding platforms like Claude Code and Codex. It is backed by over 20 infrastructure partners, including major custodians, compliance firms like Chainalysis, and fiat-to-crypto links.

(Source:The Block)