Maple Launches syrupUSDC on Solana with Chainlink Support

• Stablecoin syrupUSDC arrives on Solana via Chainlink
• Maple boosts institutional credit with syrupUSDC
• Solana gains new yield-integrated stablecoin

Maple Finance has announced the implementation of the syrupUSDC stablecoin on the Solana network, using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This move marks a new phase in Maple’s expansion into yield-bearing assets and institutional DeFi solutions.

🎉 @maplefinance launches syrupUSDC on @Solana via @chainlink CCIP.

$30M liquidity, $500K in incentives, and full composability.

Now live on @KaminoFinance and @orca_so .

Will syrupUSDC become Solana DeFi's next core stable asset? pic.twitter.com/Ex0gERT0Od

— 𝐒𝐎𝐋𝐔𝐍𝐈 | 𝐒𝐨𝐥𝐚𝐧𝐚 𝐔𝐧𝐢𝐯𝐞𝐫𝐬𝐞 (@SolanaUnivers) June 5, 2025

With the launch, users can now mint syrupUSDC directly on Solana. The token follows the Cross-Chain Token (CCT) standard, enabling low-fee, slippage-free value transfers between the Ethereum and Solana networks. The integration features $30 million in initial liquidity and $500 in incentives, with participation from native projects such as Kamino, Orca, and the Global Dollar Network.

The liquid yield-bearing stablecoin syrupUSDC will be integrated into Solana’s DeFi protocols at launch, including Kamino and Orca, opening up new possibilities for institutional lending and strategies like leverage and looping. The asset will also use the Global Dollar Network’s USDG as its supply base.

Chainlink Labs noted that the introduction of CCIP on Solana represents a breakthrough in cross-chain infrastructure. The protocol offers audited execution and customizable control over rate limits, aligning with Maple’s institutional requirements for security and transparency in lending markets.

Maple CEO Sid Powell said that “Solana’s high-yield environment expands Maple’s access to institutional and advanced DeFi users.” The move signals a multichain strategy that seeks to leverage networks with high settlement capacity and native liquidity.

Maple, which has originated over $7 billion in loans since 2021, sees the syrupUSDC stablecoin as a key tool to solidify its position in the yield-bearing asset market. The CCT’s design eliminates the need for contractual modifications for cross-chain movements, reducing reliance on wrapped assets and centralized bridges.

The integration with Solana reinforces Maple’s commitment to interoperability and the structuring of decentralized financial products with an institutional focus.