The Solana Foundation has announced its Developer Platform (SDP), which enables enterprise developers to build on its blockchain using a unified interface. Early adopters include Mastercard, Worldpay, and Western Union, focusing on stablecoin settlement, merchant payments, and cross-border transactions. The SDP includes modules for issuing tokenized assets, facilitating payments, and trading. Solana has also upgraded its network to improve transaction throughput.
The platform enters a competitive market with Ethereum-based solutions like Consensys' Infura and Coinbase's Base, as well as Ripple’s XRP Ledger.