Maple Finance, a cryptocurrency lending firm offering decentralized finance-like (DeFi) yields to institutions, has expanded into the Solana ecosystem with the help of Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
To support the expansion, Maple’s ecosystem has allocated $500,000 in incentives and coordinated over $30 million in liquidity, establishing a deep and stable foundation for lending, trading and collateral provisioning on the Solana blockchain.
📖 Related Reading
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
- 📰 CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
There’s more than $10 billion in stablecoins circulating on Solana, making it one of the most liquid ecosystems in crypto and a growing hub for institutional DeFi.
Maple’s token, syrupUSDC, will be accessible on Solana-native platforms including Kamino and Orca. Robinhood-backed stablecoin consortium the Global Dollar Network (GDN) is also supporting the launch with USDG being a key supply asset into the market, according to a press release.
📖 Related Reading
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
- 📰 CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
“Expanding to Solana unlocks a high-speed, high-capacity environment where Maple’s products can reach a broader class of users — from institutions to advanced DeFi participants,” said Sid Powell, CEO and Co-Founder of Maple. “With syrupUSDC now native to Solana, we’re delivering yield, capital efficiency and liquidity to one of the largest stablecoin ecosystems in crypto.”
🔗 You Might Also Be Interested In
📖 Related Reading
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
- 📰 CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
📖 Related Reading
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
- 📰 CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Here’s what happened in crypto today
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
🔗 You Might Also Be Interested In
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Here’s what happened in crypto today
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
🔗 You Might Also Be Interested In
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Here’s what happened in crypto today
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
🔗 You Might Also Be Interested In
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Here’s what happened in crypto today
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!