Solana’s next titan is being built in plain sight, and I don’t think most people have caught on yet. The past couple of weeks at @solomon_labs have been pretty incredible. We’ve launched solana:USDvUSpnhCr9yBgj3UyVrD239HRUv4RsHwH2FxsWuMk publicly and started putting real capital and partnerships behind something I’ve been excited about since joining: your dollar should be productive without you having to change how you use it. A quick look at where we stand: • USDv launched on Solana through @sunrise, with $5M+ entering circulation in its first hour. • Three independent security audits are complete, including the latest review by @zenith256. • @Raydium committed an initial $1M of treasury capital and is becoming USDv’s primary liquidity venue, with support for USDv pairs across its markets and launchpads. • @onrefinance has already allocated $1M to USDv as part of the collateral backing ONyc. • @MetaDAOProject will convert up to $2M of treasury USDC into USDv. • @orogoldapp announced GOLD/USDv pools, bringing productive dollars into onchain gold liquidity. For a dollar that only launched publicly last week, that is a hell of a starting point. These announcements are the opening steps in relationships we’re continuing to build. There are deeper ties forming with Raydium, OnRe, Sunrise and our other partners, with a lot more we want to accomplish together. The initial allocations and markets give us somewhere to start, and I’m excited to share more as that work develops. It’s worth understanding why these teams are choosing USDv, because the same benefit applies to your own dollars. Opt in once and eligible USDv balances can earn while remaining liquid and usable across supported wallets, LP positions and integrations. The dollar side of a liquidity pool can earn alongside swap fees. Treasury capital can stay available while producing rewards. You don’t need to stake, wrap or lock your dollars to participate. Teams are already putting millions behind that proposition. I think the appetite for productive assets is going to become much more obvious as people see what this means for the positions they already hold. And that opportunity extends well beyond USDv. The Solomon Platform lets issuers program an asset’s economics and rules, track who is entitled to what as it moves through different contexts, and route those economics where they belong. USDv demonstrates what that can do for dollars. The same infrastructure can support other productive assets, including tokenized stocks with dividends to distribute. The network we’re building around USDv gives us a way to help those assets grow as well. Relationships with liquidity venues, applications and asset issuers can create distribution for future assets using Solomon, giving them access to an ecosystem we’re already working to connect. Seeing that take shape with some of the biggest teams on Solana, this early, is a huge part of why I’m excited about where we’re headed. If you’re holding idle USDC or USDT, take a look at USDv. Swap into USDv, opt in to rewards, and put those dollars to work.
