Solstice launches strcUSX on Solana, junior token targets 20%+

Solstice Finance has launched strcUSX on the Solana blockchain, a tokenized product that splits the dividend stream from Strategy Inc.’s Series A Perpetual Preferred Stock into senior and junior tranches.

Investors deposit USX, Solstice’s dollar stablecoin, into a vault and receive either SR-strcUSX (senior) or JR-strcUSX (junior). The STRC preferred stock pays a bi-monthly dividend that annualizes to about 12%; those payments flow into the vault and raise token exchange rates so yield accrues continuously to holders rather than through separate cash distributions.

SR-strcUSX is structured to receive dividend income and principal recovery before the junior tranche and targets roughly 7% APY. JR-strcUSX is designed to take the first losses from mark-to-market changes and capture the remaining yield; Solstice is targeting returns above 20% APY for the junior token.

Solstice says the design gives investors exposure to Strategy’s income stream without taking direct exposure to bitcoin price moves. Strategy Inc., formerly MicroStrategy, holds more than $50 billion of bitcoin on its balance sheet.

Both tokens are native Solana assets that can be traded onchain, used as collateral in decentralized finance applications, or integrated into other protocols.

Separately, Solstice is integrating USX into Zebec Network’s payroll platform. Zebec processes more than $500 million in payroll annually and serves over 50,000 monthly active users. Under the integration, businesses can earn rewards on prefunded payroll balances while funds await distribution. Employees and contractors will be able to receive USX directly, spend it via Zebec’s debit card, or withdraw it to a wallet.

Ben Nadareski, Solstice Labs CEO, described the tranching as a way for participants to choose a specific risk and return profile and said USX provides a way to earn yield on idle payroll balances: “Most onchain payroll has a dead-dollar problem. USX turns that gap into a yield window.”

The two products convert listed preferred-stock dividends and routine payroll pre-funding into tradable DeFi exposures, expanding structured credit options available on Solana.