Saylor Names Solana as Primary Blockchain for Programmable Digital Credit
Michael Saylor, executive chairman of Strategy, has announced that Solana will serve as the primary blockchain for deploying programmable digital credit. According to Saylor, Solana's speed, accessibility, and scalability make it an ideal platform for handling tokenized instruments operating at scale.
The introduction of programmable digital credit is designed to remove friction associated with traditional credit instruments, allowing issuers to automate dividend payments, collateral checks, and risk adjustments. This automation makes it possible to encode credit terms directly into blockchain infrastructure, making the process more efficient and accessible to a wider investor base.