Solayer Labs Launches $sUSD Yield Stablecoin on Solana with OpenEden Integration 

• Solayer’s $sUSD provides a 4% yield on Solana with Treasury-backed stability and automated transactions.
• OpenEden integration brings Moody ‘s-rated security to $sUSD, strengthening its utility across DeFi applications.
• $sUSD will expand to commodity backing, making Solana’s ecosystem more resilient and diversified.

Solayer Labs has introduced a new stablecoin, $sUSD, on the Solana blockchain that streamlines passive income generation for crypto holders. With an annual yield of 4%, $sUSD is directly backed by U.S. Treasury Bills, aiming to deliver security and stability to its users. This move aligns with Solana’s commitment to advancing decentralized finance (DeFi) applications through innovative solutions that provide secure, automated income potential.

Automated and Secure Yield-Generating Platform 

$sUSD offers users an accessible path to passive income without staking or manual management, creating an appealing feature for those seeking low-maintenance yield options. Users deposit $USDC into the system, which is then routed toward purchasing Treasury Bills, generating a consistent yield backed by secure, short-term government debt. This allows $sUSD to maintain a stable 1:1 peg to $USDC while delivering a steady yield for Solana users.

Using a fully automated system, Solayer’s protocol handles the minting, redemption, and yield accrual, optimizing user balances similar to a high-yield savings account. Solana’s account model further supports this functionality, automatically updating balances to reflect the earned interest and simplifying the process of passive income.

Enhanced Security Through OpenEden Integration 

In a key partnership, $sUSD integrates OpenEden’s tokenized Treasury Bill platform, which is rated by Moody’s for enhanced security. OpenEden provides a $150 million liquidity pool, adding further assurance and stability to $sUSD. This integration positions $sUSD as a reliable and institutional-grade asset within Solana’s DeFi ecosystem, designed to meet the needs of both retail and institutional users.

With its unique approach, $sUSD allows real-time growth of user balances, yielding between 4% and 5% annually. As a result, the stablecoin stands out as a viable option for users looking to diversify their passive income sources with a reliable DeFi alternative to traditional finance products.

Broadening Solana’s DeFi Ecosystem and Utility 

Beyond passive income, $sUSD serves a broader role in Solana’s infrastructure. It acts as collateral for various DeFi applications, including decentralized apps (DApps), bridges, and oracles within the network. This support strengthens Solana’s Proof of Stake ecosystem, enabling further growth of decentralized solutions that rely on stable and secure assets.

Solayer Labs is also offering a limited-time incentive for early adopters, with a 10x yield boost on the initial $10,000 deposited. This program, aimed at fostering adoption, started on October 30.

Long-Term Vision with Diversified Backing 

Looking ahead, Solayer Labs plans to expand $sUSD’s backing with a range of assets beyond Treasury Bills, including commodities such as oil and gold. This diversification aims to increase stability while bridging traditional finance and DeFi sectors, supporting Solana’s growth as a hub for versatile, secure digital assets.