Leading Solana staking service provider Marinade Finance has partnered with RockawayX and Kamino Finance to launch a USDC savings vault offering annual yields of up to 6%. The product allows users to seamlessly convert staked SOL into yield-generating USDC, addressing the high fees and lengthy wait times associated with traditional withdrawal methods. RockawayX will implement robust yield strategies in lending and credit markets, while Kamino provides the underlying infrastructure. The product launch reflects a widespread trend of cryptocurrency users choosing to keep their wealth on-chain in stablecoin form during periods of market uncertainty, while Solana's stablecoin supply has also reached new highs.

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