According to TechFlow, on September 21, SolanaFloor disclosed that the Solana ecosystem re-staking protocol Solayer announced at the Solana Breakpoint conference that it will cooperate with OpenEden to launch the yield stablecoin SUSDC.

Earlier news, Solayer completed a $12 million seed round of financing on August 28, with a valuation of $80 million. This round of financing was led by Polychain Capital, with participation from Big Brain Holdings, Hack VC, Nomad Capital, Race Capital, ABCDE and Arthur Hayes' family office Maelstrom.