Derived from Chainwire, Streamflow has announced USD+, a yield-bearing stablecoin built on the Solana blockchain and backed by U.S. Treasury Bills. USD+ allows users to earn daily yield directly in their wallets without staking or lockups, with an expected APY of approximately 3.6%. The stablecoin is powered by M0’s platform and aims to maintain a $1 peg while remaining composable across the Solana DeFi ecosystem. The product is set to launch soon, with a waitlist now open for early access.
Streamflow Launches USD+, a Solana Stablecoin Backed by U.S. Treasury Bills and Yielding Daily Returns
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Summary
Streamflow has launched USD+, a yield-bearing stablecoin on the Solana blockchain. What is USD+? It is backed by U.S. Treasury Bills and offers daily returns with an expected APY of around 3.6%. Powered by M0’s platform, the stablecoin maintains a $1 peg and is composable across Solana DeFi. A waitlist is now open for early access ahead of the official launch.
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