Solana Launches DvP for Instant Atomic Settlement

The Solana Foundation released an open-source, MIT-licensed Delivery-versus-Payment (DvP) program to enable institutional asset and payment transfers in a single atomic transaction, aiming to reduce settlement times from days to seconds.

The top 3

  1. J.P. Morgan's Advisory Role: J.P. Morgan provided expertise on institutional settlement requirements, though the bank did not design, develop, or endorse the software. JPMorgan Chase & Co.
  2. Technical Core: Token-2022 Support: The program supports Solana's Token-2022 standard, which includes advanced features like transfer hooks and pausable tokens necessary for regulatory compliance.
  3. Atomic Execution Logic: The DvP mechanism uses isolated escrow to ensure that either both the payment and the asset transfer settle simultaneously, or the entire transaction fails.

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