Galaxy Launches USDC, USDT Vault Strategies on Solana's Kamino

Galaxy launches two stablecoin vaults on Kamino, offering curated USDC and USDT lending strategies across Solana markets. The vaults will be managed through Galaxy Curation and apply institutional collateral standards, exposure limits, and market monitoring. Galaxy reported a $1.4 billion average loan book and 1,741 total trading counterparties during Q2. Kamino has over $20 billion in originated loans and zero bad debt to lenders historically. The USDC vault is available through Yield.xyz, extending distribution beyond users accessing Kamino directly.