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Solana Foundation partners with JPMorgan to launch institutional payment standard

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BLK Blackrock Inc
$1066.45 +0.64%
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  1. 1The Solana Foundation launched Solana DvP on Monday, an open-source program that allows banks to settle transactions on the network.
  2. 2JPMorgan provided insights on institutional settlement practices during the design process of Solana DvP.
  3. 3BlackRock launched a tokenized money market fund for stablecoin reserves in August.

So what's the key point?

The Solana Foundation has released a new program that allows banks to process transactions. JPMorgan participated in the design by providing information on how institutions handle payments.

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