Solana's DeFi Development Plans Dividend-Paying Stablecoin

DeFi Development, a Solana treasury company listed on Nasdaq, has announced plans to launch a dividend-paying stablecoin following a strategic investment in the stablecoin protocol development project Apyx. According to Odaily, the initiative aims to introduce transparent returns in the stablecoin market. Discussions between the two parties have also covered token economics, valuation frameworks, development roadmaps, and the use of digital asset treasury (DAT) dividend preferred shares.