Reflect has launched Create on Solana, a tool that lets users issue a branded, yield-bearing stablecoin in one transaction. Creators choose how interest is split with holders, while token classification and market access stay with each application and its counsel.
Reflect has launched Create on Solana, letting users issue a branded yield-bearing stablecoin in one transaction. Reflect said users select collateral from a reviewed set and attach their own branding. Solana promoted the release through its main account, describing the process as taking less than a minute.
According to Reflect's launch post: "Create is live," the company wrote in its post.
Create wraps collateral and shares its yield
Reflect's documentation describes each token as a wrapper around yield-bearing assets held onchain. A deposit becomes backing collateral, against which the program mints the branded token. Creators can select one approved asset or combine several in a basket.
Interest comes from the underlying collateral. The creator chooses the share retained and the share passed to holders, with rates changing as the underlying return changes.
In its illustration, Reflect uses collateral earning 5%, with the creator keeping one-fifth of the interest. Holders receive 4%, while the creator receives $100,000 annually on $10 million outstanding. The company labels the figures an illustration, not a projection.
Reflect names code auditors and describes collateral checks
Reflect's risk documentation identifies three reviews before an asset or strategy becomes eligible: asset classification, economic security reviews and code reviews. Offside Labs and Adevar Labs are named as code auditors covering Reflect Core, yield routing and the whitelabel program.
However, the page does not name the third-party economic reviewers or an individual responsible for approving the collateral set. It also warns that redemption depends on withdrawal capacity at the venues holding reserves, and that withdrawals can become slower or more expensive during market stress.
Legal classification remains specific to each token
Reflect's compliance guidance declines to determine whether a created token is a security. Classification depends on its structure, marketing, intended buyers and jurisdiction, the page says. Contracts enforce no geographic restrictions, so applications decide which markets they serve.
Separately, the Office of the Comptroller of the Currency announced its GENIUS Act framework on Oct. 21, setting Jan. 18, 2027, as the effective date. The final rule retains the restriction on issuer payments of yield solely for holding, using, or retaining a payment stablecoin.
Source: crypto.news
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