Solana ($SOL ): Foundation targets settlement in seconds with DvP launch
The Solana Foundation announced the launch of a Delivery‑versus‑Payment (DvP) solution aimed at providing settlement services in seconds.
The open‑source DvP program is built for financial institutions, enabling them to execute asset transfers and corresponding payments almost instantly, a marked improvement over traditional settlement times. Its open‑source nature lets institutions audit and adapt the code to meet compliance requirements.
By delivering near‑real‑time settlement, the solution could reduce counter‑party risk and operational costs, positioning Solana’s blockchain as a viable infrastructure for institutional finance and broader adoption of crypto‑based payments. Such speed could accelerate the adoption of blockchain settlement in mainstream finance.
**$SOL**
The Solana Foundation announced the launch of a Delivery‑versus‑Payment (DvP) solution aimed at providing settlement services in seconds.
The open‑source DvP program is built for financial institutions, enabling them to execute asset transfers and corresponding payments almost instantly, a marked improvement over traditional settlement times. Its open‑source nature lets institutions audit and adapt the code to meet compliance requirements.
By delivering near‑real‑time settlement, the solution could reduce counter‑party risk and operational costs, positioning Solana’s blockchain as a viable infrastructure for institutional finance and broader adoption of crypto‑based payments. Such speed could accelerate the adoption of blockchain settlement in mainstream finance.
**$SOL**
