Solstice Labs Unveils USX Launch, a Solana-Based Stablecoin Designed for Clear Yield Transparency

[PRESS RELEASE – Dubai, UAE, April 28th, 2025]

Supported by Deus X Capital, Solstice plans to launch its stablecoin, USX, this summer, accompanied by a native yield protocol that has secured over $100 million in committed total value locked (TVL), delivering permissionless delta-neutral returns to Solana from the outset.

Solstice Labs, an on-chain asset management firm backed by the $1 billion digital investment company Deus X Capital, has revealed USX, a stablecoin tailored for generating sustainable yields on the Solana network. Set to launch this summer, USX provides permissionless entry into a native yield protocol boasting over $100 million in committed TVL, enabling users to achieve institutional-caliber returns through automated delta-neutral trading techniques.

Targeting both institutional clients and everyday users, USX is a synthetic stablecoin optimized for operational efficiency on Solana. Its peg is upheld through the 1:1 collateralization of fiat-backed stablecoins, such as USDC and USDT, along with collaborations with significant market makers and liquidity venues. Participants can lock their USX in Solstice’s YieldVault to benefit from real-time returns yielded through off-chain funding-rate arbitrage and strategically hedged staking yield tactics, supported by a three-year performance record showing an average of 19.2% over the past 12 months, backed by a dedicated insurance fund.

“In crypto, we consistently observe that DeFi yields tend to be over-engineered, obscure, or primarily accessible to institutional players,” stated Ben Nadareski, CEO and Co-Founder of Solstice Labs. “USX is fundamentally crafted to alter this narrative by offering clear and sustainable competitive yields. Every stablecoin user deserves the chance to capture the yields that larger protocols keep for themselves without compromising the utility of the base asset. That’s the essence of DeFi, and that’s our mission at Solstice.”

The Go-To Solana Stablecoin

Solana has rapidly emerged as a leading platform for stablecoin activity, increasing its share of stablecoin liquidity from 2.5% to 5.4% within a mere two months. While the network has become a focal point for stablecoin velocity—particularly in MEV, arbitrage, and orderbook trading—it still lacks a superior Solana-native stablecoin specifically designed for yielding returns.

USX aims to bridge this gap, intentionally crafted to leverage Solana’s low-latency and high-throughput capabilities. As the transfer of stablecoin activity transitions from centralized exchanges to trading-focused DeFi applications, USX positions Solana to capitalize on new on-chain funds through yield-focused stable assets.

The launch of USX is backed by an expanding ecosystem of infrastructure, security, and liquidity collaborators, facilitating off-exchange settlement solutions and enhancing the stablecoin’s functional reach across both centralized and decentralized exchanges.

Created by the Solstice Staking Team

USX and its protocol fall under the Solstice brand, which also encompasses Solstice Staking AG following a recent acquisition. Solstice Staking is regarded as one of the industry’s most reliable staking operations, currently protecting:

• Over $1 billion in staked assets
• More than 9,000 validator nodes
• Infrastructure powered entirely by renewable energy
• 99.99% uptime for institutional-grade reliability

With a foundation of stability, Solstice is now dedicated to advancing the next phase of DeFi; a realm where transparency, performance, and accessibility coexist seamlessly.

Launching in Summer 2025

USX is set to officially launch in Summer 2025, with details on early access and beta incentives for users to be announced imminently. Users can stay updated through the official website or connect on social media. The team will also be present in Dubai for Token2049 at the Solana Mega Mixer, an event co-hosted by Solstice Labs and the Solana Superteam.

About Solstice Labs

Solstice Labs AG, a subsidiary of Deus X Enterprise, is reimagining the management of financial assets for the on-chain era in collaboration with the Solstice Foundation. The Solstice Protocol uses a registered approved manager to provide institutional-quality offerings to investors, including the USX stablecoin and Solstice’s YieldVault, which democratizes access to yield-generating opportunities.

Further solidifying its cryptocurrency expertise, Solstice Labs AG also operates Solstice Staking AG, one of the most trusted infrastructure services in the sector, securing over $1 billion in assets across more than 9,000 validator nodes.

More information can be found on their platform or through their social media channels.

About Deus X Capital

Deus X Capital specializes in investment and operational opportunities in private equity, venture capital, and venture building across capital markets, fintech, and digital assets. With over $1 billion in assets managed, Deus X harnesses unique knowledge, extensive networks, and diverse abilities to create enduring value within the financial technology landscape.