Solstice Labs, a company backed by Deus X Capital, announced the launch of USX, a Solana-native stablecoin designed to deliver transparent and sustainable yield. This novel approach sets it apart from existing stablecoins. Launching this summer, USX provides permissionless access to a native yield protocol boasting over $100 million in committed TVL. 5.4% share in the global stablecoin market has been acquired by the Solana blockchain in just two months. USX is built for both institutions and individuals, utilizing low-latency infrastructure and synthetic stablecoin technology. The USX peg is maintained through 1:1 collateralization of fiat-backed stablecoins, with partnerships with leading market makers and liquidity providers.