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Solanaยท 2025-09-30 13:54
Stablecoin Overview - Solsticefi launched a new stablecoin, USX [1] - USX has $166 million in Total Value Locked (TVL) on its first day [1] - USX is backed by YieldVault, employing delta-neutral strategies [1] Technology and Features - USX is collateralized and composable [1] - USX delivers delta-neutral yield [1] - USX is described as institutional-grade financial infrastructure, uniquely enabled on Solana [1] Market Positioning - The launch of USX positions Solana as having its own stablecoin [1] - Internet Capital Markets can burn bright [2]