Solana Treasury DeFi Development plans to launch a dividend-paying stablecoin after investing in Apyx.

CoinFeed reported on March 7 that, according to gurufocus, Nasdaq-listed Solana DeFi Development announced plans to launch a dividend-paying stablecoin following its strategic investment in stablecoin protocol development project Apyx. The aim is to introduce transparent returns to the stablecoin market. The two companies reportedly also discussed token economics, valuation frameworks and development roadmaps, as well as how to utilize the Digital Asset Treasury (DAT) dividend-paying preferred stock.