Solstice Finance Launches USX Stablecoin on Solana

Key Points:* Solstice launches USX stablecoin, gains $200M TVL.

• Significant liquidity surge marks strong adoption.
• Backing by key investors boosts project credibility. Solstice Finance launched its Solana-native synthetic stablecoin USX and YieldVault protocol on October 12th, amassing over $200 million in total value locked.

This development underscores Solana’s commitment to enhancing its DeFi landscape, attracting institutional interest and potentially driving up liquidity within the ecosystem.

USX Launch: $200 Million TVL and Major Backers

Solstice Finance has launched its synthetic stablecoin, USX, on the Solana blockchain with initial TVL surpassing $200 million. Achieving this milestone involved backing from significant investors, including Galaxy Digital and Deus X Capital, ensuring substantial liquidity and adoption.

The introduction of USX signals a shifting landscape within Solana, offering a native stablecoin alternative. It presents institutional-grade yield opportunities, supported by transparent, compliant strategies using USDT and USDC collateral to maintain stability.

A representative from Deus X Capital stated, ‘Our backing of Solstice Finance highlights our confidence in the future of Solana’s DeFi ecosystem and the innovative potential of USX.’

Solana’s Ecosystem Growth and DeFi Impact

Did you know? Stablecoins are crucial for reducing volatility in the crypto markets, providing a reliable means for transactions and liquidity.

CoinMarketCap reports that Solana (SOL) currently trades at $198.33, with a market cap of $108.40 billion, representing 2.76% dominance. Recent trading volume reached $11.50 billion, accounting for a 10.20% change. Over the last 90 days, SOL appreciated by 23.69%, indicating substantial activity within its ecosystem.

Solana(SOL), daily chart, screenshot on CoinMarketCap at 07:24 UTC on October 13, 2025. Source: CoinMarketCap Coincu’s research team foresees that Solstice’s innovative approach to stablecoin yield generation could influence broader DeFi trends, potentially attracting more institutional interest in Solana’s blockchain. This strategic move aligns with broader ecosystem efforts to capture and retain liquidity.