Solana’s Reflect launches stablecoin creation in one transaction

Reflect has launched Create on Solana, offering users a way to issue a branded yield-bearing stablecoin in one transaction and choose how interest is divided among holders. Summary Create lets users launch branded tokens and choose how interest is shared. Reflect names Offside Labs and Adevar Labs as auditors of its program infrastructure. Collateral eligibility excludes assets with fixed transfer restrictions or investor eligibility requirements. Reflect leaves token classification and market access decisions to each application and its counsel. Reflect said its new tool lets users select collateral from a reviewed set, attach their own branding and build a token through a single transaction. Solana promoted the release through its main account, describing the process as taking less than a minute. “Create is live,” the company wrote in its launch post. The launch announcement does not name a legal issuer for each token or identify who signs off on every collateral review. Reflect’s documentation describes its approach to both questions, while stopping short of providing a regulatory determination for individual launches. Create wraps collateral and shares its yield Reflect’s Creat...