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Crypto Lender Maple Finance Expands to Solana With Chainlink
Maple’s ecosystem has allocated $500,000 in incentives and coordinated over $30 million in liquidity.
Updated Jun 5, 2025, 8:55 p.m. Published Jun 5, 2025, 3:38 p.m.
What to know:
- 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
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.
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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.”
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- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
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