The post Crypto Lender Maple Finance Expands to Solana With Chainlink appeared on BitcoinEthereumNews.com.

Maple Finance, a cryptocurrency lending firm offering decentralized finance-like (DeFi) yields to institutions, has expanded into the Solana ecosystem with the help of Chainlink’s Cross-Chain Interoperability Protocol (CCIP). To support the expansion, Maple’s ecosystem has allocated $500,000 in incentives and coordinated over $30 million in liquidity, establishing a deep and stable foundation for lending, trading and collateral provisioning on the Solana blockchain. There’s more than $10 billion in stablecoins circulating on Solana, making it one of the most liquid ecosystems in crypto and a growing hub for institutional DeFi. Maple’s token, syrupUSDC, will be accessible on Solana-native platforms including Kamino and Orca. Robinhood-backed stablecoin consortium the Global Dollar Network (GDN) is also supporting the launch with USDG being a key supply asset into the market, according to a press release. “Expanding to Solana unlocks a high-speed, high-capacity environment where Maple’s products can reach a broader class of users — from institutions to advanced DeFi participants,” said Sid Powell, CEO and Co-Founder of Maple. “With syrupUSDC now native to Solana, we’re delivering yield, capital efficiency and liquidity to one of the largest stablecoin ecosystems in crypto.” Source: https://www.coindesk.com/business/2025/06/05/crypto-lender-maple-finance-expands-to-solana-with-chainlink

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Filed under: News - @ June 6, 2025 1:31 am