Solstice Labs has launched USX, a Solana-native yield-bearing stablecoin, in collaboration with Chainlink and custodial firms. The stablecoin aims to deliver institutional-grade DeFi yields within the Solana ecosystem. The initiative, unveiled at events like Token2049 in Dubai, boasts over $100 million in committed total value locked (TVL) and employs a 1:1 collateralization model using recognized stablecoins. Chainlink's involvement is crucial for enhancing on-chain data access, ensuring USX's stability and transparency.