Galaxy has expanded its Galaxy Curation business to Solana with separate USDC and USDT stablecoin lending vaults on Kamino. The actively managed products use Galaxy’s institutional framework for collateral standards, exposure limits and market monitoring. The USDT strategy prioritizes capital preservation through liquid, established lending venues, while the USDC strategy allows broader collateral and market exposure in pursuit of higher lending yield. Neither product has a guaranteed return or fixed APY, and both remain exposed to market, smart-contract and liquidity risks. Galaxy reported a $1.438 billion average loan book and 1,741 trading counterparties in the second quarter. Kamino said it has originated more than $20 billion in loans without bad debt to lenders historically. The USDC vault is also distributed through Yield.xyz.