Credibility is built with reliable infra & speed of payments, these are the traits of @Solana Credible inherits to serve its customers.
https://t.co/IXidGiTCjy
For the builders on @Solana:
Build on Nest is live. Technical documentation and TypeScript examples for every integration surface of the protocol
Three paths:
- Borrow: open and manage collateralized nUSD debt positions
- Convert: swap between USDC and nUSD through the PSM
- Stake: convert nUSD into snUSD shares
Your app builds the transaction, the user's wallet signs it, our programs validate on-chain. Permissionless, no whitelist, no custody
nUSD is now a composable building block for any Solana app
Documentation: https://t.co/KHc7L3XwJT
Github: https://t.co/ngmkqDHRPH
Vlad Tenev (@vladtenev) launched Robinhood Chain "to make Real World Assets programmable, globally portable, and always available," then publicly asked builders to embed stock tokens into their apps
CZ (@cz_binance) spent the month posting that "countries need to tokenize their stocks, allowing worldwide buyers" and that Binance's bStocks give billions "stock exposure 24/7"
Brian Armstrong (@brian_armstrong) published a chart of the S&P 500 up 906% all-time and framed it: "billions of people have no access to invest in American companies. Tokenized stocks are changing that"
@Solana shipped the primitives that made this category buildable at scale, then captured 96% of the on-chain tokenized stocks volume
Four of the most influential voices in crypto and fintech converged on the same category in the same month. The trade isn't whether tokenized stocks matter, it's what people can do with them once billions of them can hold one
Nest is the productive dollar layer for that answer. Deposit the equity as collateral, mint nUSD at 3% APR, stake into snUSD for ~6% APY. The dividend keeps flowing, the equity stays, while the dollar earns
The distribution is being solved by the biggest names in fintech, and the productive layer is where Nest lives: the category doesn't need more validation, it needs more infrastructure, we're building that layer
2SPY and 2QQQ are now live on @solana, issued by Nest and backed by @OndoFinance new solana tokenized stocks
Leveraged equity ETFs are one of the largest categories in traditional finance: TQQQ (3x QQQ) holds $37 billion in AUM. QLD (2x QQQ), $14 billion. SSO (2x SPY), $8 billion. SPXL (3x SPY), $7 billion
Every dollar of that exposure settles through DTCC, requires a licensed broker, and stops when Wall Street closes at 4pm
Today, they live onchain
The trade that took TradFi 20 years to scale, it's now onchain
https://t.co/VgykJrP36J
Every stock you already hold can do more than sit in your wallet
Nest lets you post tokenized US equities as collateral, mint nUSD at 3% APR, and stake for ~6% APY. The equity stays, the dividend flows through, the dollar earns
The productive dollar for tokenized stocks