Crypto
Solana Foundation unveils institutional Solana DvP to cut securities settlement from 1 to 2 days to seconds
The Solana Foundation has launched an open-source settlement program for financial institutions called Solana DvP. The program supports Solana-based delivery-versus-payment, processing asset transfers and cash settlement in a single transaction with the aim of cutting securities settlement time from 1 to 2 days to a few seconds. It is offered as an open-source API, allowing institutions to reuse the structure without building custom smart contracts.
