Solstice Targets 20% APY With Solana Tokens Tied to Strategy's STRC

JR-strcUSX takes the first loss from mark-to-market movements but captures the remaining yield after senior holders are paid. Solstice is targeting returns of more than 20% APY for the junior tranche.

Users deposit USX into the strcUSX vault and receive the tranche corresponding to their preferred risk level. As STRC dividends enter the vault, token exchange rates rise, allowing yield to accrue continuously instead of through separate cash distributions.

Both tokens are native Solana assets and can be traded, used as collateral, or integrated into decentralized finance applications. “Tranching that yield on DeFi rails means every participant gets exactly the risk profile they came for,” Solstice Labs CEO Ben Nadareski said.

USX Expands Into Payroll Through Zebec

Solstice is also taking USX beyond structured credit through a partnership with Zebec Network.

The integration will bring USX into Zebec’s payroll infrastructure, which processes more than $500 million annually and serves over 50,000 monthly active users. Businesses will be able to earn rewards on prefunded payroll balances while those funds sit waiting for distribution.

“Most onchain payroll has a dead-dollar problem,” Nadareski said. “USX turns that gap into a yield window.”

Employees and contractors will be able to receive USX directly, spend it through Zebec’s debit card or withdraw it to a wallet.

The two initiatives show Solstice pursuing the same idea from opposite ends of finance. One turns a listed preferred-stock dividend into programmable DeFi exposure. The other turns idle payroll cash into a productive onchain balance.

Together, they reflect a broader push to make traditional cash flows composable rather than merely tokenized.