The Solana Foundation has launched a delivery-versus-payment, or DvP, settlement program aimed at financial institutions, according to a Techub News item citing Cointelegraph. The program is positioned as an open-source settlement solution and is designed to complete asset transfers and payments within seconds. The stated goal is to improve both efficiency and security in transactions involving traditional financial assets. No additional technical details, launch timeline, or participating institutions were disclosed in the brief. The announcement centers on the program’s intended use in settlement workflows where delivery of assets and payment are linked, with Solana Foundation presenting it as infrastructure for faster transaction completion.
The Solana Foundation has rolled out a delivery-versus-payment, or DvP, settlement program meant to give financial institutions an open-source way to handle settlement, Techub News reported, citing Cointelegraph.
It’s built to finish asset transfers and payments in seconds. Short window. The stated goal is to make transactions tied to traditional financial assets faster and safer.
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