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Maple Finance expands to Solana, deploys yield-bearing stablecoin

cryptoweekly by cryptoweekly
June 5, 2025
in bitcoin, News
0

Maple’s expansion to Solana is powered by Chainlink’s CCIP, which allows data transfer between EVM and SVM ecosystems.

Lending platform Maple Finance is expanding to the Solana network in a bid to reach a broader class of users.

According to a June 5 announcement shared with Cointelegraph, the company is deploying its syrupUSD yield-bearing stablecoin to Solana-based platforms Kamino and Orca. The coin had previously been available only on the Ethereum blockchain.

Maple’s Solana integration is launching with $30 million in liquidity, which the company says will establish “a deep and stable foundation for lending, trading, and collateral provisioning” in the ecosystem.

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Recent Posts
  • Institutional Bitcoin ETF holdings see first quarterly decline — Report
  • Maple Finance expands to Solana, deploys yield-bearing stablecoin
  • Circle stock price jumps 167% on first day of trading after IPO
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  • Arca exec trashes Circle IPO in expletive-laced open letter
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  • Global Ledger detects $15M of Garantex assets flowing despite Tether’s freeze

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