DeFi Corp to Host Talk on Stablecoins

DeFi Development Corp., the public company building its treasury with Solana, announced it will host a live X Spaces event with the team from Apyx. The discussion will focus on Apyx's protocol for creating the first Dividend-Backed Stablecoin (DBS).

DeFi Development Corp. (Nasdaq: DFDV) is a public company that has pivoted its corporate strategy to focus on accumulating Solana, making it a "Solana treasury company." The firm's core performance metric is not traditional earnings, but "Solana per share" (SPS), which it aims to increase through validator rewards and on-chain yield strategies. As of early 2026, the company's treasury held approximately 2.2 million SOL and SOL equivalents. This positions DeFi Development Corp. as one of the largest public corporate holders of SOL. The company actively uses its holdings to generate more SOL by running its own validator infrastructure on the Solana network. The Apyx protocol introduces a novel stablecoin model backed by real-world assets (RWA). Instead of cash reserves, its stablecoins are collateralized by dividend-paying preferred shares issued by "Digital Asset Treasuries" (DATs) — companies that hold digital assets on their balance sheets. Apyx's system features two distinct tokens: apxUSD is a synthetic dollar designed for liquidity and trading, which does not pay yield to holders. In contrast, apyUSD is a yield-bearing stablecoin that captures the dividend cash flows from the underlying preferred shares, designed to offer a double-digit APY. This structure differs significantly from established stablecoins like USDC or USDT, which are backed by reserves of cash and cash equivalents and do not offer native yield to their holders. Yield on traditional stablecoins is typically sought by lending them out on separate DeFi or CeFi platforms. DeFi Development Corp. is a core strategic partner and investor in Apyx. The collaboration is designed to channel off-chain dividend yields into the on-chain world, aligning with DeFi Development's goal of compounding its digital asset treasury.

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