Solana’s Reflect launches stablecoin creation in one transaction

Reflect has launched Create on Solana, offering users a way to issue a branded yield-bearing stablecoin in one transaction and choose how interest is divided among holders. Create lets users launch branded tokens and choose how interest is shared. Reflect names Offside Labs and Adevar Labs as auditors of its program infrastructure. Collateral eligibility excludes assets with fixed transfer restrictions or investor eligibility requirements. Reflect leaves token classification and market access decisions to each application and its counsel.

Source: crypto.news