Galaxy launches 2 stablecoin vaults on Kamino

• Galaxy has launched two institutional vaults on Kamino, expanding its onchain yield offering to Solana.
• The Galaxy USDC Vault and Galaxy USDT Vault use different strategies, with USDC supporting broader collateral exposure and USDT focusing on selective lending venues.
• The launch has expanded Galaxy Curation to a second blockchain, following its initial rollout in July.

Galaxy has launched two institutional vaults on Kamino, expanding its Galaxy Curation platform into the Solana ecosystem.

The Galaxy USDC Vault and Galaxy USDT Vault have gone live on Kamino, with the USDC vault also available through Yield.xyz.

“We built Galaxy Curation around the idea that institutions shouldn't have to change how they operate to access onchain yield,” said Eduardo Bermudez, Director of Trading at Galaxy.

The USDT vault has focused on selective exposure to liquid lending venues, while the USDC vault has allowed broader collateral exposure and market participation.

Galaxy has applied its collateral standards, exposure limits and market monitoring processes to the new vaults.

Galaxy has reported an average loan book of $1.4 billion and more than 1,700 institutional counterparties globally.

The Kamino launch has extended Galaxy Curation to its second blockchain ecosystem after its initial rollout in July, adding Solana-based stablecoin strategies to the platform.