Solana Foundation Launches Developer Platform With APIs for Institutional Financial Products

The Solana Foundation announced on March 24, 2026, the launch of the Solana Developer Platform (SDP), an AI-ready developer platform that provides enterprises and financial institutions with API-based tools to build and launch financial products on Solana, including tokenized deposits, stablecoins, and real-world assets (RWAs).

The platform aggregates infrastructure across the Solana ecosystem into a unified interface, with three core API modules—issuance, payments, and trading—designed to reduce technical and operational barriers for enterprise developers. Early users include Mastercard for stablecoin settlement, Worldpay for merchant payments, and Western Union for cross-border transactions.

SDP integrates over 20 infrastructure partners across node infrastructure, wallets, compliance, and ramps, and can be used out of the box by AI coding platforms including Claude Code and Codex.

Core API Modules and Functionality

Issuance Module (Live)

The issuance module enables users to issue tokenized deposits, GENIUS-compliant stablecoins, and tokenized real-world assets (RWAs) on Solana. This module is designed to support the growing institutional demand for compliant digital asset issuance under frameworks such as the U.S. GENIUS Act.

Payments Module (Live)

The payments module allows enterprises to orchestrate fiat and stablecoin flows, including on-ramp, off-ramp, and onchain stablecoin transactions, supporting B2B, B2C, and peer-to-peer (P2P) use cases. This module is intended to streamline cross-border and domestic payment workflows.

Trading Module (Coming Later in 2026)

The trading module will enable financial flows such as atomic swaps, vaults, and onchain foreign exchange (FX). The module is designed to support more complex trading and liquidity management use cases as institutions scale their blockchain-based financial products.

Key Partners and Early Users

Mastercard

Raj Dhamodharan, Executive Vice President of Blockchain & Digital Assets at Mastercard, stated: “The next phase of digital asset innovation will be defined by practical use cases that integrate seamlessly with existing financial systems. As an early user of Solana Developer Platform, we’re helping enable direct stablecoin settlement for customers on select blockchain networks — beginning with Solana — combining the speed and programmability of blockchain with the reliability, security and global reach of the Mastercard network.”

Western Union

Malcolm Clarke, VP of Digital Assets at Western Union, said: “Solana Developer Platform lets us extend what Western Union already does best—moving money reliably across borders—by adding an API‑driven, on‑chain layer that can orchestrate fiat and stablecoin flows end‑to‑end. It’s not a replacement for our network; it’s a modern extension that helps us innovate faster, expand new use cases, and bring more cross‑border activity on‑chain in a scalable, compliant way.”

Worldpay

Ahmed Zifzaf, Head of Crypto Partnerships at Worldpay, commented: “By leveraging SDP’s payments and issuance modules, Worldpay can offer merchants seamless access to on-chain settlement and tokenized assets, paving the way for new business models and unlocking the full potential of digital assets in everyday commerce.”

Infrastructure Partner Ecosystem

SDP aggregates services from over 20 infrastructure partners across four categories:

• Node Infrastructure: Alchemy, Helius, Quicknode, Triton (abstracting blockchain complexity for no-code/low-code development)

• Wallets: Anchorage Digital, BitGo, Coinbase, Crossmint, Dfns, Dynamic, Fireblocks, Para, Paxos, Privy, Turnkey

• Compliance: Chainalysis, Elliptic, Range, TRM (enabling KYC/KYB and Travel Rule compliance)

• Ramps: Bridge, BVNK, Lightspark, Modern Treasury, MoonPay (supporting on/off-ramp and stablecoin payments)

Strategic Context

AI-Ready Design

SDP can be used out of the box by AI coding platforms including Claude Code (Anthropic) and Codex (OpenAI), reflecting the Solana Foundation’s emphasis on making blockchain development accessible through AI-assisted tools.

Institutional Focus

The platform is designed to address the technical and operational barriers that enterprise developers may encounter when building on blockchain, providing an API-driven experience that abstracts underlying complexity. Catherine Gu, Head of Product for Digital Assets at the Solana Foundation, stated: “Solana Developer Platform provides an easy gateway for any financial institution to build on Solana from day one.”

Regulatory Alignment

The issuance module is designed to support GENIUS-compliant stablecoins, aligning with U.S. federal stablecoin legislation signed into law in 2025. The platform’s compliance integrations with Chainalysis, Elliptic, Range, and TRM are intended to help institutions meet KYC, KYB, and Travel Rule requirements from launch.

Availability

SDP is available in a sandbox environment built on Solana devnet, with the issuance and payments modules live as of March 24, 2026. The trading module is expected later in the year.

Frequently Asked Questions

What is the Solana Developer Platform (SDP)?

SDP is an AI-ready, API-based developer platform that aggregates infrastructure across the Solana ecosystem into a unified interface. It enables enterprises and financial institutions to build and launch tokenized deposits, stablecoins, RWAs, and payment products on Solana without needing to manage complex blockchain infrastructure directly.

Who are the early users of SDP?

Early users include Mastercard (for stablecoin settlement), Worldpay (for merchant payments), and Western Union (for cross-border payments). The platform integrates with over 20 infrastructure partners across node services, wallets, compliance, and payment ramps.

What are the core modules of SDP?

SDP has three core API modules: the Issuance Module (for tokenized deposits, GENIUS-compliant stablecoins, and RWAs), the Payments Module (for fiat and stablecoin flows including on/off-ramp and onchain transactions), and the Trading Module (for atomic swaps, vaults, and onchain FX, coming later in 2026).