Solstice USX

Backed by the digital-asset firm Deus X Capital, Solstice launched USX on Solana in September 2025 with more than 160 million dollars locked at the start. The token is fully collateralized in USDT and USDC and kept near its dollar peg with delta-neutral, arbitrage and staking strategies, with real-time proof of reserves onchain. USX itself is not the yield instrument: holders who want the return lock it into Solstice's YieldVault and receive eUSX, a claim on the fund's underlying assets, while the base dollar stays plain. Minting and redemption at par run only through KYC-verified institutional partners, so retail acquires and exits USX on the secondary market rather than at the issuer. Built specifically for Solana and marketed as permissionless to hold and fully collateralized, USX competes with Solana's other native dollars on transparency and on how cleanly its yield vault performs.