Reflect launches Create tool for custom yield-bearing stablecoins on Solana
Image: Crypto.newsReflect Money launched Create on Solana, a tool for issuing custom yield-bearing stablecoins in one transaction. Users can attach their own branding and select collateral from a reviewed set. Issuers can keep a percentage of the yield, while holders receive the rest. Create tokens wrap yield-bearing assets held onchain.
Key points
- Reflect launched Create on Solana as a tool for issuing custom yield-bearing stablecoins in one transaction.
- Users can select collateral from a reviewed set and build a token in one transaction.
- Issuers can keep a percentage of the yield generated by the stablecoin they launch.
- Create tokens are backed by collateral and generate yield for holders.
Why it matters
Create lets apps and communities issue branded stablecoins and keep part of the yield, turning a stablecoin into a possible revenue line. Reflect says collateral is reviewed, and tokens are built to wrap yield-bearing assets.
What's unclear
It is not yet known how many issuers will use Create or whether the asset count will rise beyond the seven assets Reflect had issued at launch.
Price context · SOL
At publication
$103.12
Now
$103.88
Change since
+0.74%
7 days · dashed line = publication
Sources · 2 publishers
Crypto.news
Tier 2
Solana’s Reflect launches stablecoin creation in one transaction
Coverage timeline
- First reported by Crypto Briefing
- Also reported by Crypto.news
- CryptoVideos brief published
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