Solana Foundation launches financial developer platform

The Solana Foundation has signed up Mastercard, Western Union and Worldpay to its new developer platform designed to make it easy to build financial products on its blockchain.

Solana Foundation announced the launch of Solana Developer Platform (SDP) – an AI-ready developer platform for enterprises and financial institutions to easily build and launch financial products on Solana, powered entirely by APIs. „SDP aggregates best-in-class infrastructure across the Solana ecosystem into a single, unified interface that enterprises and institutions can use to get to market in an efficient, compliant and scalable manner.” – according to the press release.

SDP has three core API modules that enable a range of use cases:

1. Issuance module: Enables users to issue a tokenized deposit, GENIUS-compliant stablecoin, or tokenized RWA
2. Payments module: Allows users to orchestrate fiat and stablecoin flows, including on-ramp, off-ramp and stablecoin onchain transactions, to support a range of use cases including B2B, B2C, P2P
3. Trading module: Enables users to support financial flows such as atomic swaps, vaults and onchain FX.

„The issuance and payments modules are live today, with the trading module to follow later in 2026. Together, these modules allow enterprises to design, deploy and scale institutional-grade blockchain solutions with ease.” – Solana Foundation explained.

Early users of SDP include: Mastercard, for stablecoin settlement, Worldpay, for merchant payments and settlement, and Western Union, for cross-border payments. 

Catherine Gu, Head of Product, Digital Assets, Solana Foundation, commented: “Solana Developer Platform provides an easy gateway for any financial institution to build on Solana from day one. It is entirely API-based, removing the technical and operational barriers that enterprise developers may encounter. SDP aggregates the latest protocol features on the Solana network, such as token extensions for permissioning and privacy, and directly connects with Solana’s rich developer ecosystem. At launch, we have over 20 different infrastructure partners integrated and the early interest we’ve seen from enterprises and institutions signals strong demand.”

SDP infrastructure partners were chosen across four categories – node infrastructure, wallets, compliance and ramps – to specifically address the needs of institutions coming to market: