Solana Foundation Launches Developer Platform with Support from Mastercard and Western Union
The Solana Foundation has introduced its Solana Developer Platform (SDP), a new initiative designed to attract traditional financial institutions and enterprises to its high-throughput blockchain. Major industry players, including Mastercard, Worldpay, and Western Union, are already engaging with the platform, indicating growing institutional interest in decentralized ledger technology for practical applications.
The SDP focuses on streamlining the development of enterprise-grade solutions, with a particular emphasis on the tokenization of real-world assets (RWAs), a market currently valued at $328 billion. The platform offers three core modules: issuance for tokenized assets, payments for fiat and stablecoin transactions, and a future trading module. Mastercard is utilizing the platform for stablecoin settlement, Western Union is exploring it for cross-border payments, and Worldpay is leveraging it for merchant payments. This strategic push for institutional readiness follows technical upgrades to Solana's network and past integrations, such as Visa's USDC settlement. The SDP enters a competitive enterprise blockchain landscape alongside offerings from Ethereum, Coinbase's Base, and Ripple's XRP Ledger.
https://cryptovka.com/news/solana-secures-mastercard-western-union-for-new-enterprise-platform
cryptovka-news / Cryptovka | News | CryptoMarket & Blockchain
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2026-03-24 13:01:49 UTC
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npub1kc6crlknw8nkcrnhe222s694duv3cwcxysxqypdlr6gf35kve3ysnf0vwvPublished at
2026-03-24 13:01:49 UTCEvent JSON
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"content": "Solana Foundation Launches Developer Platform with Support from Mastercard and Western Union\n\nThe Solana Foundation has introduced its Solana Developer Platform (SDP), a new initiative designed to attract traditional financial institutions and enterprises to its high-throughput blockchain. Major industry players, including Mastercard, Worldpay, and Western Union, are already engaging with the platform, indicating growing institutional interest in decentralized ledger technology for practical applications.\n\nThe SDP focuses on streamlining the development of enterprise-grade solutions, with a particular emphasis on the tokenization of real-world assets (RWAs), a market currently valued at $328 billion. The platform offers three core modules: issuance for tokenized assets, payments for fiat and stablecoin transactions, and a future trading module. Mastercard is utilizing the platform for stablecoin settlement, Western Union is exploring it for cross-border payments, and Worldpay is leveraging it for merchant payments. This strategic push for institutional readiness follows technical upgrades to Solana's network and past integrations, such as Visa's USDC settlement. The SDP enters a competitive enterprise blockchain landscape alongside offerings from Ethereum, Coinbase's Base, and Ripple's XRP Ledger.\n\nhttps://cryptovka.com/news/solana-secures-mastercard-western-union-for-new-enterprise-platform",
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