Recent developments indicate growing institutional adoption of Solana. Visa expanded its USDC settlement to run on Solana rails, and JPMorgan tokenized commercial paper using Solana for part of the settlement stack. Wyoming launched a state-backed stablecoin on Solana, with reserves managed by Franklin Templeton. Morgan Stanley filed for a Solana trust product. These moves suggest institutions are increasingly considering how much exposure to have to Solana and on which layer. These developments challenge the notion that institutions won't embrace Solana, as they focus on operational requirements like speed, cost, and compliance.

Recent developments indicate growing institutional adoption of Solana. Visa expanded its USDC settlement to run on Solana rails, and JPMorgan tokenized commercial paper using Solana for part of the settlement stack. Wyoming launched a state-backed stablecoin on Solana, with reserves managed by Franklin Templeton. Morgan Stanley filed for a Solana trust product. These moves suggest institutions are increasingly considering how much exposure to have to Solana and on which layer. These developments challenge the notion that institutions won't embrace Solana, as they focus on operational requirements like speed, cost, and compliance.