Solana, Mastercard, Western Union Launch Institutional Platform

• Solana Foundation launches the Solana Developer Platform (SDP) to streamline blockchain adoption for major financial institutions.
• Global industry leaders including Mastercard, Western Union, and Worldpay are among the first to utilize the new toolkit.
• The platform integrates AI development tools and bundles services from over 20 infrastructure providers into a single interface.

Simplifying Enterprise Blockchain Development

The Solana Foundation has introduced the Solana Developer Platform (SDP), a dedicated environment designed to help traditional enterprises build and scale financial products on the Solana blockchain. The platform aims to remove the technical barriers often associated with crypto infrastructure, allowing firms to deploy applications without requiring deep specialized knowledge. To assist developers, the SDP incorporates advanced AI tools such as Anthropic’s Claude Code and OpenAI’s Codex.

By unifying services from more than 20 infrastructure providers, the SDP offers a centralized interface for essential functions including:

• Custody and wallet management
• Compliance and regulatory monitoring
• Payment processing and settlement

Core Modules and Future Roadmap

At launch, the SDP features two functional modules designed for specific financial activities. The Issuance module allows institutions to create stablecoins, tokenized deposits, and Real-World Assets (RWA). The Payments module is built to facilitate both fiat and stablecoin flows, managing everything from on- and off-ramps to direct on-chain transactions. Looking ahead, the Solana Foundation plans to expand the platform with a dedicated Trading module slated for release in 2026.

Institutional Adoption and Use Cases

The initiative has already gained traction among major global payment processors. Mastercard is currently researching stablecoin settlement capabilities on Solana, while Western Union is leveraging the platform to test more efficient cross-border payment solutions. Additionally, Worldpay is utilizing the toolkit to focus on merchant settlement and the management of tokenized assets.

According to the Solana Foundation, the SDP is intended to provide a "familiar experience" for enterprises, positioning Solana as a premier infrastructure for the global financial sector. The organization emphasized that the platform makes it easier for institutions to start building production-ready tools immediately.