The SOL network is strengthening. The L1 (Layer 1) blockchain network Solana (SOL) continues to grow and attract partners. This time they are giants of traditional finance (TradFi), namely Mastercard et Western Unionwho are interested in the new Solana Developer Platform (SDP). From now on, the era of very speculative memecoins has passedplace for solutions useful for the crypto-TradFi merger.
The key points of this article:
Solana announced the launch of the Solana Developer Platform, attracting financial giants like Mastercard and Western Union. This platform aims to facilitate the development of applications on Solana, easily integrating artificial intelligence tools and enabling modern payment solutions.
The Solana Developer Platform will greatly help development on the SOL network
In parallel with the main network, the Solana Foundation helps develop numerous solutions to expand the use of its blockchain. This Tuesday, March 24, 2026, is the launch of the Solana Developer Platform which was thus announced. As its name suggests, it is a platform for developers. In more detail, this platform brings together all the infrastructure necessary for on-chain product development. Whether for the token launchof payment solutions or even dApps (decentralized applications). In addition, the platform is compatible with the tools ofartificial intelligence (AI) such as Claude Code from Anthropic and Codex from OpenAI.
“The Solana Developer Platform offers any financial institution a simple way to develop applications on Solana (…). Entirely API-based, it eliminates technical and operational barriers that enterprise developers may face. The SDP brings together the latest features of the protocol on the Solana network (…). At launch, we have over 20 different infrastructure partners onboarded, and early interest from businesses and institutions demonstrates strong demand. »
Catherine Gu, Product Manager for Digital Assets at Solana Foundation
Mastercard and Western Union use SDP to develop their products and services on Solana
Among the traditional financial institutions already interested are: « Mastercardfor settlements in stablecoins, Worldpayfor merchant payments and settlements, and Western Unionfor cross-border payments”. For their part, compliance leaders (from regulatory compliance) as Chainalysis et Elliptic will help ensure legal transactions, tracking down any suspicious activity.
“The next stage of innovation in digital assets will be marked by real-world use cases that integrate seamlessly with existing financial systems. As an early adopter of the Solana Developer Platform, we are helping enable direct stablecoin settlements for our customers on select blockchain networks — starting with Solana — by combining the speed and programmability of blockchain technology with the reliability, security and global reach of the Mastercard network. »
Raj Dhamodharan, executive vice president for blockchain and digital assets at Mastercard
“The Solana Developer Platform allows us to extend what Western Union already does best — moving money reliably across borders — by adding an on-chain, API-driven layer capable of orchestrating end-to-end flows of fiat and stablecoins. This is not a replacement for our network, but a modern extension that helps us innovate faster, develop new use cases, and integrate more cross-border activities on blockchain, in a scalable and compliant way. »
Malcolm Clarke, Vice President of Digital Assets at Western Union
The Solana Developer Platform (SDP) and its many partners. – Source: account very concrete and modern solutions to the giants of traditional finance. Whether to further develop stablecoins with Mastercard, or cross-border payments with Western Union, the SOL network seems to further increase its maturity thanks to its SDP development solution.