The Solana Foundation has launched the Solana Developer Platform, or SDP, a new API-first platform built to make it easier for enterprises and financial institutions to create and launch financial products on Solana. The company says the platform is designed to remove much of the technical friction that usually comes with building on blockchain, especially for larger organizations that need something scalable, compliant, and fast to deploy.
Rather than asking institutions to piece together their own stack of tools, SDP brings together infrastructure from across the Solana ecosystem and presents it through a single interface. The idea is to give companies a more familiar way to build, using APIs instead of requiring deep blockchain-specific engineering from the start.
The platform is launching with three core modules. The issuance module gives users a way to create tokenized deposits, GENIUS-compliant stablecoins, and tokenized real-world assets. The payments module is designed to move both fiat and stablecoins, handling everything from on-ramps and off-ramps to on-chain transfers for B2B, B2C, and peer-to-peer payments. The trading module, which is set to arrive later in 2026, will add support for things like atomic swaps, vaults, and on-chain foreign exchange.
For now, the issuance and payments modules are live, while the trading module will arrive at a later stage. Together, the three are meant to give enterprises a more practical way to build institutional-grade blockchain products without having to deal with the usual complexity of assembling separate services on their own.
Backed Global Payments Giants
The first users of SDP already include some major names in global finance and payments. Mastercard is using it for stablecoin settlement, Worldpay is exploring merchant payments and settlement, and Western Union is looking at cross-border payments. Their involvement gives the platform immediate credibility and shows how Solana is trying to position itself as more than just a blockchain for developers and crypto-native projects.
Catherine Gu, Head of Product for Digital Assets at the Solana Foundation, said the platform was built to serve as a simple entry point for institutions that want to build on Solana. She described SDP as fully API-based and said that makes it easier for enterprise teams to get started without running into the technical and operational barriers that often slow them down. She also pointed to Solana’s token extensions, which can add features like permissioning and privacy, and said more than 20 infrastructure partners are already connected to the platform.
Those partners are grouped into four main categories: node infrastructure, wallets, compliance, and ramps. On the infrastructure side, providers like Alchemy, Helius, Quicknode, and Triton are helping abstract away much of the blockchain complexity. Wallet partners include Anchorage Digital, BitGo, Coinbase, Crossmint, Dfns, Dynamic, Fireblocks, Para, Paxos, Privy, and Turnkey, giving enterprises a broad range of custody and wallet options.
For compliance, the platform includes firms such as Chainalysis, Elliptic, Range, and TRM to help support KYC, KYB, and Travel Rule requirements from day one. In the ramps category, Bridge, BVNK, Lightspark, Modern Treasury, and MoonPay are included to support payment flows tied to on-ramps, off-ramps, and stablecoin transactions.
The Solana Foundation said bringing all of these services into one API-driven platform should make it much easier for enterprises to get started, while also driving more activity into the broader Solana ecosystem. At launch, SDP is available in a sandbox environment on Solana devnet, giving institutions a place to test before going live.
Simplifying Blockchain Building
Another notable detail is that the platform is designed to work with AI coding tools right out of the box. Solana said SDP can be used by platforms such as Claude Code from Anthropic and Codex from OpenAI, which suggests the company is thinking not just about financial infrastructure, but about how software will be built in the years ahead.
The early partners also had strong words about what the platform could mean. Raj Dhamodharan, Executive Vice President of Blockchain & Digital Assets at Mastercard, said the next wave of digital asset innovation will depend on real-world use cases that fit into existing financial systems. He said Mastercard is helping enable direct stablecoin settlement for customers on select blockchain networks, starting with Solana, combining blockchain speed and programmability with the company’s global network.
Malcolm Clarke, VP Digital Assets at Western Union, said SDP gives the company a new on-chain layer that can work alongside its existing network rather than replacing it. He said it would help Western Union move money across borders more efficiently while opening the door to new use cases in a way that remains scalable and compliant.
Ahmed Zifzaf, Head of Crypto Partnerships at Worldpay, said the platform could help merchants access on-chain settlement and tokenized assets more easily, while also creating room for new business models in everyday commerce.
With SDP, Solana is clearly making a push to become a more serious infrastructure layer for institutional finance. The platform is meant to reduce the complexity of blockchain adoption and give companies a more direct path to building products that can actually be used in the real world. For Solana, this launch is not just about developer tooling. It is about making blockchain feel less experimental and more like part of the financial system itself.
