Solana DvP: asset and payment in a single settlement
On October 6, the Solana Foundation announced Solana DvP, an open program that enables institutions to exchange tokenized assets through delivery versus payment. The announcement was published that same day.
The idea: both token transfers on Solana are executed together in one transaction, or neither is. This reduces the risk of delivering the asset without receiving payment in return; it does not automatically incorporate an external bank payment.
The code is licensed under the MIT License. J.P. Morgan contributed expertise on settlement practices; this does not mean the bank operates, endorses, or guarantees the program.
The Foundation reported external audits, though it also invited participants before the production version. The announcement does not demonstrate widespread bank adoption.
Code, liquidity, and issuer risks remain. The authority to freeze or pause certain tokens may prevent settlements or redemptions. Atomicity also does not guarantee the asset's value or that it can be redeemed.
Market snapshot: Binance (October 7, 14:37–14:38 UTC) showed SOL at 115.87 USDT (−4.38% over 24h), BTC −3.59%, and ETH −5.52%. Utility will depend on actual use; the announcement alone does not explain these declines or guarantee a rise.
$SOL $BTC $ETH
Educational Content. Not financial advice.
#Solana #DvP #Tokenizacion #Liquidacion #BinanceSquare
On October 6, the Solana Foundation announced Solana DvP, an open program that enables institutions to exchange tokenized assets through delivery versus payment. The announcement was published that same day.
The idea: both token transfers on Solana are executed together in one transaction, or neither is. This reduces the risk of delivering the asset without receiving payment in return; it does not automatically incorporate an external bank payment.
The code is licensed under the MIT License. J.P. Morgan contributed expertise on settlement practices; this does not mean the bank operates, endorses, or guarantees the program.
The Foundation reported external audits, though it also invited participants before the production version. The announcement does not demonstrate widespread bank adoption.
Code, liquidity, and issuer risks remain. The authority to freeze or pause certain tokens may prevent settlements or redemptions. Atomicity also does not guarantee the asset's value or that it can be redeemed.
Market snapshot: Binance (October 7, 14:37–14:38 UTC) showed SOL at 115.87 USDT (−4.38% over 24h), BTC −3.59%, and ETH −5.52%. Utility will depend on actual use; the announcement alone does not explain these declines or guarantee a rise.
$SOL $BTC $ETH
Educational Content. Not financial advice.
#Solana #DvP #Tokenizacion #Liquidacion #BinanceSquare
