Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built for Transparent Yield

This story was originally published on HackerNoon at: https://hackernoon.com/solstice-labs-announces-upcoming-usx-launch-a-solana-native-stablecoin-built-for-transparent-yield . Backed by Deus X Capital, Solstice will debut USX this summer alongside a native yield protocol launching with over $100M in committed TVL, bringing permissionl 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 . Solstice Labs, backed by $1 billion digital asset investment firm, announces USX, a stablecoin purpose-built for sustainable yield on Solana. USX offers permissionless access to a native yield protocol that has over $100 million in committed total value locked (TVL) Users are able to lock USX into Solstice’s YieldVault to access real-time returns generated through off-chain funding-rate arbitrage.