Solana Launches DvP With JPMorgan Input to Cut Settlement From Days to Seconds

The Solana Foundation launched Solana's Delivery-versus-Payment (DvP), an open-source settlement tool for financial institutions. It allows tokenized assets and payments to settle together in one blockchain transaction, cutting settlement times from days to seconds. Developed with input from J.P. Morgan, the tool also aims to reduce the risk of one side paying without receiving.