Solana Foundation launches open source settlement standard Solana DvP, designed with participation from JPMorgan Chase

The Solana Foundation has launched the open-source hosting program Solana DvP for financial institutions, providing a Solana based delivery to payment settlement API. This project adopts the MIT license and aims to achieve atomic settlement, isolated hosting, and deadline control. J. P. Morgan provides institutional settlement practices and demand advice to Solana Foundation. Solana DvP supports SPL Token and Token-2022, with permanent authorization, ability to pause tokens, and Transfer Hooks functionality. The program has completed an external security audit and meets the conditions for genuine use of funds.