Until now, institutions settling onchain have typically relied on bespoke smart contracts.
Solana DvP gives them a shared, open standard for atomic delivery-versus-payment, with input from J.P. Morgan on securities settlement practices 🧵
"One of the narratives in technology over the next decade is going to be this idea of a token supercycle as the long-term migration of money, assets and ownership really comes to the internet"
– @nickducoff, Head of Institutional Growth, @SolanaFndn
"One of the key reasons they wanted to pick and leverage Solana is because of the fact that we are open and shared."
– Lu Yin, APAC BD and Growth, Solana Foundation
.@GuiBibeau, Lead Product Engineer @SolanaFndn, on the Solana developer platform: custody, compliance, payments and issuance as open source modules, so institutions stop rebuilding the same stack.
BREAKING: Samsung partners with Solana to bring stablecoins to 82 million US Galaxy devices.
Samsung Wallet users in the US will be able to send money across borders using USDC on Solana, beginning the last week of October.