One of the main DEXs on Solana is integrating USDv.
@Raydium will commit an initial $1M of its treasury to USDv, the productive stablecoin issued by
@solomon_labs.
Not only is this the first time a major protocol outside the MetaDAO ecosystem is publicly adopting USDv, but Raydium is also one of the most recognized names in DeFi.
And the collaboration goes beyond a treasury allocation.
As part of the partnership, Raydium will become the primary home for USDv liquidity, with USDv pairs supported across its markets and launchpad ecosystem.
This gives USDv a major distribution channel across Solana while allowing Raydium to direct the yield generated by the reserves backing USDv toward LPs, traders, and new markets.
Solana was missing a native productive stablecoin...until now.