TLDR:
- Solana Foundation launched SDP, consolidating 20+ infrastructure partners into one enterprise-grade API platform.
- Mastercard, Worldpay, and Western Union are already using SDP for stablecoin settlement and cross-border payments.
- SDP’s three modules cover asset issuance, payment orchestration, and trading, with trading launching later in 2026.
- BitGo, Fireblocks, Chainalysis, and other top-tier partners handle custody, compliance, and ramp needs within SDP.
Solana Developer Platform (SDP) is now live, giving enterprises and financial institutions a single API-based gateway to build on Solana.
The Solana Foundation announced the launch, consolidating over 20 infrastructure partners into one unified interface. Major institutions including Mastercard, Worldpay, and Western Union are already using the platform.
SDP covers tokenization, payments, and trading, targeting enterprises seeking compliant and scalable blockchain solutions without heavy technical overhead.
SDP Brings Three Core Modules for Financial Product Development
Solana Developer Platform is structured around three API modules designed for enterprise needs. The issuance module allows users to create tokenized deposits, stablecoins, and real-world asset tokens.
The payments module handles fiat and stablecoin flows, covering on-ramp, off-ramp, and on-chain transactions. Together, they support B2B, B2C, and P2P payment use cases efficiently.
The trading module, set to launch later in 2026, will support atomic swaps, vaults, and on-chain foreign exchange. At launch, only the issuance and payments modules are live.
The platform already offers a broad range of use cases for institutions entering the blockchain space. SDP currently runs on a sandbox built on Solana devnet.
Catherine Gu, Head of Product at the Solana Foundation, described the platform’s purpose directly. “Solana Developer Platform provides an easy gateway for any financial institution to build on Solana from day one,” she said.
She noted that SDP removes technical and operational barriers enterprise developers may face. The platform aggregates Solana protocol features, including token extensions for permissioning and privacy.
Over 20 infrastructure partners are already integrated across key service categories at launch. Ahmed Zifzaf, Head of Crypto Partnerships at Worldpay, explained his firm’s approach to the platform.
“By leveraging SDP’s payments and issuance modules, Worldpay can offer merchants seamless access to on-chain settlement and tokenized assets,” he said. This opens new business models and unlocks digital assets in everyday commerce.
Infrastructure Partners Cover Custody, Compliance, Nodes, and Ramps
SDP’s infrastructure spans four categories: node infrastructure, wallets, compliance, and ramps. Node providers include Alchemy, Helius, Quicknode, and Triton, abstracting blockchain complexity for developers. This low-code access allows enterprises to start building without running their own nodes.
The wallet category features BitGo, Fireblocks, Coinbase, Anchorage Digital, and several others. BitGo brings multi-sig and MPC wallet support, policy controls, and cold storage to the platform. Enterprises can explore different custody options based on their specific operational needs.
Raj Dhamodharan of Mastercard noted that SDP enables direct stablecoin settlement beginning with Solana. “The next phase of digital asset innovation will be defined by practical use cases that integrate seamlessly with existing financial systems,” he said.
Compliance partners including Chainalysis, Elliptic, Range, and TRM ensure institutions meet KYC, KYB, and Travel Rule requirements.
Malcolm Clarke, VP of Digital Assets at Western Union, described SDP as a modern extension of their existing cross-border network. “It’s not a replacement for our network; it’s a modern extension that helps us innovate faster,” Clarke said.
He added that the platform helps Western Union bring more cross-border activity on-chain in a compliant way.
Ramp partners such as Bridge, MoonPay, BVNK, Lightspark, and Modern Treasury handle stablecoin payments and fiat on/off ramp functions within the payments module.
SDP also works with AI coding tools including Claude Code by Anthropic and Codex by OpenAI, broadening developer access for technical teams already using these environments.
