The Good Tech Companies - Solstice Finance Officially Launches USX, A Solana-Native Stablecoin With $160M Deposited TVL

Episode Date: September 30, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/solstice-finance-officially-launches-usx-a-solana-native-stablecoin-with-$160m-deposited-tvl. ... The Solana-native protocol delivers a Solana-native stablecoin that gives all users permissionless access to institutional grade yields via Solstice’s YieldVaul Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #solstice-labs, #chainwire, #press-release, #solstice-labs-announcement, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Salstice Finance officially launches USX, a Solana native stable coin with $160 M deposited TVL, by Chainwire. Zug, Switzerland, September 30th 2025, Chainwire, Salstice Finance, the on-chain asset manager backed by $1 billion digital asset investment firm DeusX Capital, today officially launched its USX and yield vault program to the public. The Solana Native Protocol delivers a Solana native stablecoin that gives all users permissionless access to institutional grade yields via Solstice's yield vault. USX and Yield Vault bring a new category of stablecoin, purpose built for composability, transparency, and native yield through Solstice protocol. Tosalana with over $160 million in Locked Capital, TVL at launch, backed by Galaxy Digital, MEV Capital, Bitcoin Swiss, Oros and Deus X Capital.
Starting point is 00:01:00 capital. Salstasy enters this launch with a battle-tested strategy which has historically generated a 13.96% net IRA with no recorded month-over-month losses since inception. Greater than legacy stablecoins maintain majority market share, yet not a single leading greater than stable coin was born natively on Solana and no dominant yield native greater than stable coins currently exist in the ecosystem. We see stables often being greater than bridge to other chains for best in class yield. That's stable TVL leaving greater than our ecosystem to try and earn elsewhere. We built USX addressing this market greater than gap on day one, a stable coin that maintains all of the frictionless greater than transaction benefits while giving access to institutional
Starting point is 00:01:43 grade yields that greater than are native to the protocol, said Ben Nadereschi, CEO and co-founder of Solstice. Greater than Solstice is driving real, sustainable on-chain revenues within the Solana a greater than ecosystem and the launch of USX and Yield Vault unlocks new opportunities for greater than builders, users, and investors, said Lily Liu, president of the Solana Foundation. A deeper look into Solstice's ecosystem. USX, a synthetic stable coin designed for velocity of capital and transparency, backed one-to-one by stable collaterals with real-time proof of reserves via Chainlink. Yield Vault. As Salstice's flagship yield engine, Yield Vault offers institutional grade
Starting point is 00:02:25 returns generated from proven delta-neutral trading strategies. Yield Vault's returns maintain a trusted three-year track record with 21.5% performance in 24 and zero months of negative returns since inception. SLX Solstice's future native utility token is driven by a community first distribution model with no VC backing to align long-term protocol success with community incentives. The team, Solstice core contributors consist of 30 plus crypto and trad-fi veterans across 10 countries, with deep experience from Solana Labs, Coinbase, Galaxy Digital, Standard Chartered, Deloitte, UBS, Nab, BlackRock, UxD, Consensus, and more.
Starting point is 00:03:08 USX holders are now able to access Salstice's yield vault by locking their U.S. Shinto the protocol, receiving EUSX, which represents their share of the underlying net asset value of the licensed yield generating fund. Greater than, Salstice Labs is now working with over 30 partners in the ecosystem for greater than integration with a sole focus on the Solana ecosystem. We're excited to greater than finally have USX live and in the market, bringing the best in-class yield to greater than everyone. Whether you're managing $5 or $50 million, solstice unlocks greater than delta neutral, institutional grade returns in a transparent and fully greater than permissionless way. Naderuski continued. USX is now live on Solana and available to all users. To learn more or
Starting point is 00:03:54 access USX today, users can visit https colon slash slash solstice.finance or follow at Solstice FI on X about Solstice Finance. Solstice Finance is a decentralized finance protocol developed by Solstice Labs AG, a DeusX enterprise company in partnership with the Solstice Foundation. Collectively, they are reimagining asset management for the on-chain era. Solstice's protocol leverages a licensed approved manager and fund to offer institutional grade access to defy and trad-Fi investors. Key products include USX, a Solana native stable coin alongside Solstice's yield vault, a democratized yield-bearing protocol that allows participants to
Starting point is 00:04:33 access institutional grade delta-neutral yields. Bolstering the group's crypto credentials, Solstice Labs A.G also operates Solstice Staking AG, one of the most trusted infrastructure providers in the industry, securing over $1 billion in assets across 9,000 plus validator nodes. Users can learn more at https colon slash slash solstice.finance and follow at SolsticeFi as well as at solstis staking.contact per director Leslie termullenlesley at serotonin.caw this story was published as a press release by chainwire under Hackernoons business blogging program. Do your own research before making any financial decision. Thank you for listening to this Hackernoon story, read by artificial intelligence.
Starting point is 00:05:16 Visit hackernoon.com to read, write, learn and publish.

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