ChainCatcher news, according to The Block, supported by the crypto investment firm Deus X Capital, Solstice Labs announced that it will launch the yield-bearing synthetic stablecoin USX and a native staking protocol on the Solana blockchain this summer. USX achieves Delta-Neutral returns through arbitrage and staking strategies, fully collateralized by USDT and USDC to maintain its peg, allowing holders to seamlessly access the YieldVault protocol with a total locked amount of $100 million.Currently, the stablecoin scale on the Solana chain accounts for over 5% of the total network amount of $238 billion, but there is a lack of fiat-pegged coins specifically designed for passive income. The CEO of Solstice Labs stated that USX aims to provide retail and institutional users with access to yield opportunities that are traditionally exclusive to institutions in DeFi, in a transparent manner.