The Solana Foundation is launching a new developer platform designed to make it easier for financial institutions to build blockchain-based products, with early users including Mastercard, Western Union and Worldpay.
Currently available for developer testing, the Solana Developer Platform (SDP) is a toolkit that enables enterprises to create and scale financial applications on Solana without requiring deep crypto infrastructure expertise. SDP will also integrate AI tools such as Anthropic’s Claude Code and OpenAI’s Codex.
The platform bundles the services of more than 20 infrastructure providers (covering custody, compliance, wallets and payments) into a single interface, streamlining the traditionally fragmented process for institutions entering the space.
At launch, SDP includes two real-time modules. The issuance module enables companies to create tokenized deposits, stablecoins and tokenized real-world assets, while the payments module supports fiat and stablecoin flows, including in and out channels and on-chain transactions. The trading module is expected to be launched later in 2026.
The participation of traditional payments companies highlights growing institutional interest in blockchain-based settlements. Mastercard is exploring stablecoin settlement on Solana, while Western Union is testing cross-border payments on the platform. Worldpay focuses on merchant settlement and tokenized assets.
“Solana continues to be the most trusted and innovative infrastructure for global payments and financial companies, and SDP provides institutions and enterprises with an accessible and familiar experience to start building products on Solana today,” the Solana Foundation wrote in a press release shared with CoinDesk.
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