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Fabius DeFi @FabiusDefi on x 28K followers
Created: 2025-05-13 11:35:19 UTC
A promising new stablecoin just dropped in Sol DeFi 👀
Convergent (@convergent_so) has launched $CVGT – the token kicking off their plan to build USV, the first LST-backed stablecoin on @solana (collateralized by JitoSOL).
A few things caught my attention:
🔹 Minting USV at X% interest, peg stabilized via JitoSOL yield 🔹 Strategic collabs with major Solana players: @jito_sol, @PythNetwork, @orca_so, @streamflow_fi... 🔹 Aiming to become a TVL pillar in Solana’s stablecoin-native DeFi stack
This one ticks all the right boxes:
✅ Fresh narrative (LST-backed stablecoin) ✅ Deeply integrated with Solana infra ✅ Tokenomics designed for long-term scaling
$CVGT is already live on @pumpdotfun – current MC around $2.4m → CA: B7zNKphr8fjczB71oi9uF9pCd5XSNJvBn78TVF7kpump
Yap campaign on @YapdotMarket 👀
I’ve got my eye on it. You probably should too 💎
#Solana #DeFi #CVGT $CVGT
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Related Topics pythnetwork jitosol usv token $cvgt sol coins stablecoin promising