Raydium Allocates $1 Million Treasury Funds to USDv

Decentralized exchange protocol Raydium announced a $1 million treasury investment into USDv, a Solana-based stablecoin backed by short-term U.S. Treasury bills. Raydium will support USDv trading pairs and serve as a primary liquidity hub for the asset. The partnership allows Raydium to direct yields toward liquidity providers and traders, with rewards scheduled to begin alongside the USDv launch on September 23.