Solana Partners with Mastercard and Western Union to Trial New Enterprise Developer Platform

Written by Emily J. Thompson, Senior Investment Analyst

Source: stocktwits

Updated: Mar 24 2026

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Source: stocktwits

Launch of Solana Developer Platform: The Solana Foundation has introduced the Solana Developer Platform (SDP), an API-based toolkit aimed at assisting businesses in creating blockchain-based financial products, including modules for asset issuance and payments.
Testing by Major Companies: Companies like MasterCard, Worldpay, and Western Union are currently testing the platform for stablecoin settlements and cross-border payments, indicating strong interest from enterprises in utilizing blockchain technology.
Focus on User-Friendly Access: The platform is designed to simplify access to blockchain services for businesses, allowing them to offer services such as stablecoins and tokenized assets without requiring extensive technical knowledge.
Market Sentiment and Trading Status: As of the latest updates, Solana's trading sentiment remains bearish, with its price down by 2% over the past 24 hours, while Ethereum is also experiencing a decline in market sentiment.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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