Skip to content

Solana Developer Platform Launches with Mastercard, Western Union, Worldpay as Early Users

Purple blocks with Solana SDP logo centerpiece. Solana Developer Platform Launches with Mastercard, Western Union, Worldpay as Early Users

The Solana Foundation has released an enterprise-centric set of tools, known as the Solana Developer Platform (SDP). This enterprise-oriented toolkit aggregates best-in-class technology to provide users with a single Application Programming Interface (API) to access some of the highest quality available today. The SDP will eliminate the technical barriers that have previously existed for financial services companies looking to build and deploy their products on the Solana blockchain.

What Enterprises Can Expect from SDP

Enterprise features of the SDP consist of three primary modules. The first two modules are already live, and the third one will be ready in late 2026:

  • The Issuance module is primarily designed to allow users to create a tokenized deposit, issue a GENIUS-compliant stablecoin, or create a tokenized representation of a real-world asset (RWA) on the Solana platform
  • The Payments module is designed to facilitate the flow of funds between users utilizing both fiat and stablecoin payment methods through, but not limited to, on-ramps, off-ramps, or on-chain payment transactions offering B2B, B2C, and P2P payments.
  • The Trading module is currently under development and will allow users to use atomic swaps to complete trades, store assets using vaults, and convert currencies using onchain foreign exchange (FX).
Solana Developer Platform Launches with Mastercard, Western Union, Worldpay as Early Users: The API-based platform offers institutional-grade modules for token issuance, payments, and trading.
SDP enterprise interface. (Source: Solana)

In addition, the Solana Developer Platform contains a pool of more than 20 different infrastructure provider partners across node services (Alchemy, Helius, Quicknode), custody (Anchorage, BitGo, Coinbase, Fireblocks), compliance (Chainalysis, TRM Labs), and ramps (Bridge, MoonPay). Furthermore, the SDP is also working with AI Coding platform partners, including Claude Code and Codex, enabling developers to create with natural language prompts. 

Solana Developer Platform Launches with Mastercard, Western Union, Worldpay as Early Users: The API-based platform offers institutional-grade modules for token issuance, payments, and trading.
SDP early adopters. (Source: Solana)

Vibhu, the Chief Product Officer of the Solana Foundation, quoted this as “a labor of love,” adding that they are “delighted to debut this powerful new sandbox today.”

Why Early Partners Chose SDP

The Solana Developer Platform (SDP) has gained traction with large institutions like Mastercard, which is using it for direct stablecoin settlements, and Western Union, using it to facilitate fiat and stablecoin cross-border payments via their existing legacy network by implementing a new onchain layer. Worldpay, on its side, is leveraging SDP to provide merchants with seamless access to onchain settlement and tokenized assets.

Final Take

The Solana Developer Platform enables a significant institutional adoption effort by removing the common complexities of operating a blockchain infrastructure. With prominent partners already live on the platform, SDP provides the Solana Network with a strong competitive position as a key infrastructure to support the next generation of regulated AI-based financial products.

Disclaimer: All content provided on Times Crypto is for informational purposes only and does not constitute financial or trading advice. Trading and investing involve risk and may result in financial loss. We strongly recommend consulting a licensed financial advisor before making any investment decisions.

A Web3 Journalist at TimesCrypto with a knack for turning complex ideas into engaging stories. With a solid Tech background, Alan has led teams to create and refine impactful projects across industries, working in firms such as IBM, Cisco Systems, and Telecom. He’s passionate about Blockchain, Finance, Science, bringing a unique blend of technical expertise and creative flair to every piece he writes. When he’s not crafting content, you’ll find him diving deep into research or just having some fun!

Zoomable Image