Solana Foundation Launches Open-Source Delivery-Versus-Payment Program for Financial Institutions
On October 5, 2026, the Solana Foundation announced the launch of Solana DvP, an open-source delivery-versus-payment (DvP) program designed to provide financial institutions with a secure and efficient settlement mechanism on public blockchain infrastructure. Built under the MIT license, this initiative aims to eliminate counterparty risk by enabling atomic settlements—where both asset and cash transfer simultaneously in one transaction. The solution supports SPL Token standards used for tokenized real-world assets and has been shaped with input from J.P. Morgan. Traditional DvP processes rely on intermediaries like clearinghouses and custodians, often taking days to complete. Solana DvP compresses this into seconds using a single atomic transaction, offering finality without the need for complex infrastructure. The program is already audited and ready for real-world use, with plans to introduce privacy features in future updates. The initiative represents an effort by Solana Foundation to standardize on-chain settlement practices across its ecosystem while addressing institutional requirements from day one.
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Topics: delivery-versus-payment (DvP) J.P. Morgan collaboration open-source infrastructure Solana