DeFi Development Corp. (NASDAQ: DFDV) has entered a strategic partnership with Perena, a Solana-based stable bank, to enhance yield from its stablecoin reserves. The company will utilize part of its stablecoin holdings to mint Perena's USD STAR stablecoin, targeting an annualized yield of about 15%. The returns are earmarked for operational expenses, stock buybacks, and further investments in Solana (SOL) tokens.
DeFi Development Corp. Partners with Perena for Stablecoin Yield
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