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Streamflow Introduces USD+ Stablecoin on Solana
Source: CryptoNewsNet Original Title: Streamflow Introduces USD+ Stablecoin on Solana Original Link: Streamflow, a Solana-based payments and treasury management platform, has announced USD+, a new yield-bearing stablecoin backed by short-term U.S. Treasury bills. The product is designed to distribute yield directly to holders’ wallets on a daily basis, without staking, lockups, or additional actions from users.
USD+ is built on the Solana blockchain and targets Web3 companies managing onchain treasuries, as well as crypto-native investors holding idle stablecoin balances. USD+ is structured so that yield generated by the underlying assets is not retained by the issuer but distributed to users instead.
The stablecoin is powered by M0, a universal stablecoin infrastructure provider focused on regulated, asset-backed issuance. Under the M0 model, collateral is held by licensed custodians and independently verified, with Treasury reserves continuously monitored to ensure full backing.
Once live, USD+ will be accessible through Streamflow’s interface, allowing users to swap from USDC, USDT, or fiat using standard Solana wallets. Streamflow plans to roll out access gradually, with early users joining through a public waitlist.