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Maple Finance has introduced its liquid yield-bearing stablecoin, syrupUSDC, on Solana using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The move enhances capital efficiency and institutional lending opportunities in Solana’s high-liquidity ecosystem. The SYRUP token surged 8% on the news, reflecting strong market confidence.
- syrupUSDC enables zero-slippage cross-chain transfers between Ethereum and Solana via Chainlink’s CCIP.
- The launch is supported by $30M in liquidity and partnerships with Solana-native platforms like Kamino and Orca.
- Maple’s expansion reinforces Solana’s role in institutional DeFi, offering composable collateral for leveraged strategies.
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