According to Foresight News, citing The Block, Solstice Labs, supported by crypto investment company Deus X Capital, will launch yield-generating synthetic stablecoin USX on the Solana chain this summer. USX generates real-time yields through arbitrage and staking strategies, while being fully collateralized by USDT and USDC, and holders can access the YieldVault protocol.
Solstice Labs to Launch Interest-Bearing Synthetic Stablecoin USX on Solana
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