Solana Brings Institutional Settlement Onchain! 📰
The Solana Foundation has launched an open-source delivery-versus-payment (DvP) settlement program designed for financial institutions, with input from JPMorgan.
$SOL DvP enables the asset and payment legs of a transaction to settle atomically onchain. Both sides complete together, or neither settles. This could make settlement more synchronized, transparent and programmable, giving institutions a practical framework for moving traditional financial transactions onto blockchain infrastructure.
Onchain settlement is moving closer to institutional finance! 🏦
#Solana #Solana, centralized or decentralized?# #Altcoin Season#
The Solana Foundation has launched an open-source delivery-versus-payment (DvP) settlement program designed for financial institutions, with input from JPMorgan.
$SOL DvP enables the asset and payment legs of a transaction to settle atomically onchain. Both sides complete together, or neither settles. This could make settlement more synchronized, transparent and programmable, giving institutions a practical framework for moving traditional financial transactions onto blockchain infrastructure.
Onchain settlement is moving closer to institutional finance! 🏦
#Solana #Solana, centralized or decentralized?# #Altcoin Season#
