The Solana Foundation launched DvP, an open-source standard enabling institutions to settle tokenized assets and payments atomically on Solana, with finality targeted in seconds. Traditional securities settlement typically requires one to two business days, exposing counterparties to capital risk. DvP makes asset transfer conditional on simultaneous cash transfer: if either leg fails, neither completes. The program is released under the MIT open-source license and has undergone external security audits, with JPMorgan contributing expertise on institutional settlement practices during development. The Solana Foundation is currently seeking design partners and early participants ahead of a broader production rollout.
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