The Solana Foundation unveiled the Solana Developer Platform (SDP) on March 24, giving financial institutions a toolkit to build blockchain-based products without deep crypto infrastructure expertise.

The platform bundles services from more than 20 providers — custody, compliance, wallets and payments — into a single API-driven interface. Instead of stitching together fragmented blockchain infrastructure, enterprises can issue tokenized deposits, stablecoins and real-world assets, or integrate fiat and stablecoin payment flows out of the box.

Major Institutions Already Testing

Three well-known financial players are among the early adopters. Mastercard is exploring stablecoin settlement on Solana through the SDP. Western Union is testing cross-border payment flows on the platform, and Worldpay is focused on merchant settlement and tokenized assets.

The SDP launches with two live modules: an issuance module for tokenized deposits, stablecoins and RWAs, and a payments module covering fiat and stablecoin flows including on- and off-ramps. A trading module is expected later in 2026. The platform is currently open for developer testing.

AI Integrations

The SDP will also connect with AI coding tools — Anthropic's Claude Code and OpenAI's Codex — positioning it as a hybrid AI-blockchain development environment for institutions building their first onchain products.

The Solana Foundation framed the launch as an accessibility push: "SDP provides an accessible and familiar experience for institutions and enterprises to start building products on Solana today."