Solana-Based Stablecoin Yield Targets 15% APR

Figment and OpenTrade have launched a Solana-based stablecoin yield product that offers a projected 15% annual percentage rate (APR). This yield opportunity is designed to attract stablecoin holders looking for higher, consistent returns in a secure and scalable ecosystem.

The product is built on the Solana blockchain, known for its high-speed, low-cost transactions. Leveraging Solana’s infrastructure, the new stablecoin yield product aims to bring both institutional and retail investors a more efficient way to earn yield without the high fees or slow transaction speeds seen on other chains.

Crypto.com Ensures Secure Custody

To further instill trust and ensure asset safety, Crypto.com has been announced as the official custodian of the product. As one of the most reputable names in the digital asset space, Crypto.com’s involvement reinforces the product’s credibility and operational security.

Figment, known for its staking and Web3 infrastructure solutions, and OpenTrade, a platform focused on real-world asset tokenization and credit markets, combine their expertise to offer this yield product. The collaboration merges on-chain transparency with off-chain risk management to ensure yield generation is both sustainable and secure.

Boosting Yield in a Flat Market

At a time when traditional DeFi yields have significantly decreased, a stablecoin product promising 15% APR is likely to catch the attention of yield seekers. While such high returns may raise questions about risk, the involvement of well-known partners and custody via Crypto.com suggests a structured and compliant approach.

With the growing demand for real-world yield in the digital asset space, this new Solana-based stablecoin yield product could mark the beginning of more institutional-grade DeFi offerings that blend security, scalability, and profitability.