Reflect Launches Create Tool for Yield-Bearing Stablecoins on Solana

Reflect put Create into service on Solana on Oct. 22, giving projects a way to set up branded stablecoins with yield through a single transaction. Users can select backing collateral from a reviewed set and decide what portion of interest goes to creators and holders. That structure lets apps and other projects issue a branded asset while directing a share of generated interest to holders. Possible yield sources include DeFi protocols, Treasury bills and money markets. Returns depend on the assets backing each token and the strategy used. Create builds on Reflect's Whitelabel framework, introduced Feb.

Source: TokenPost