Stablecoin holder addresses on Solana have climbed past 14.02 million, setting a record high and marking a sharp increase from fewer than 4 million at the end of 2024, according to ChainCatcher. The network’s stablecoin supply has also moved above $15 billion, while cumulative stablecoin card transaction volume has exceeded $1 billion. At the same time, Solana Foundation has introduced Solana DvP, an open-source delivery-versus-payment framework designed to settle tokenized assets and cash in sync within a single atomic transaction. The system uses a segregated custody model and is aimed at completing settlement within seconds while reducing the risk that one side of a trade settles and the other does not. ChainCatcher also said J.P. Morgan provided input on institutional settlement needs during development. The audited Solana DvP standard is intended for tokenized stocks, funds, and other real-world assets.
Stablecoin holder addresses on the Solana blockchain have surpassed 14.02 million, a record high, according to ChainCatcher. That compares with fewer than 4 million at the end of 2024.
Solana’s stablecoin supply has risen above $15 billion, and cumulative stablecoin card transaction volume has crossed $1 billion.
Solana Foundation launches Solana DvP
Solana Foundation has introduced Solana DvP, an open-source delivery-versus-payment framework built to settle tokenized assets and cash simultaneously in a single atomic transaction.
The system uses a segregated custody mechanism and is designed to complete settlement within seconds while reducing the risk that one side of a transaction settles and the other side fails.
During development, J.P. Morgan provided input on institutional settlement requirements. The audited Solana DvP standard is intended for tokenized stocks, funds, and other real-world assets.
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