TL;DR
- M^0 expanded its infrastructure to Solana, allowing the creation of custom stablecoins with shared liquidity access and on-chain minting.
- KAST will issue its own stablecoin on Solana using M^0 and integrate it into a no-limit Visa card compatible with Apple Pay and Google Pay.
- Integrations with Jito, Spree, and Raydium will be added, featuring weekly incentives to boost liquidity in new pools.
M^0 expanded its stablecoin infrastructure to Solana, enabling developers to create custom versions of stablecoins on a high-performance, low-cost network.
M^0 Designs an Ideal Foundation for Creating Stablecoins
The platform, known as the engine behind the $M token, offers a modular architecture that enables specific features such as regulatory compliance or yield generation, while maintaining access to shared liquidity. The expansion includes minting and redemption tools available both via API and directly on-chain, making integration into decentralized applications easier.
M^0’s stablecoin platform is live on @solana.@KAST_official will be building the first stablecoin powered by M^0 on Solana, unlocking new digital dollar use cases for payments and savings.
They’re joined by integrators @spreefinance, @SquadsProtocol, @jito_sol and @Perena__.… pic.twitter.com/u7kdGCZ7l1
— M^0 (@m0foundation) April 8, 2025
KAST, a platform built as a banking alternative for crypto users, will be the first to issue a stablecoin using M^0’s infrastructure on Solana. Under the name KAST Dollar, the company will launch two variants designed for payments and savings. All deposits will be transparently reflected on the blockchain to ensure real-time accountability.
KAST will also integrate these stablecoins into its Visa-linked card, allowing users to spend crypto directly at over 140 million merchants worldwide. The card has no spending limits and supports both Apple Pay and Google Pay.
More Capabilities, Connections, and Incentives
M^0’s deployment on Solana also includes integrations with protocols such as Spree Finance, Squads, Jito, and Perena. These technical links will strengthen the programmable stablecoin ecosystem and support its use both within and beyond DeFi platforms. Additionally, liquidity pools are being created on Raydium via Kamino, featuring pairs such as jitoSOL/M and USDC/M. To encourage participation, 5,000 JTO per week will be distributed as incentives aimed at increasing market depth.
With over $171 million in circulation and backed by more than $180 million in collateral, M^0 provides a flexible foundation for issuing stablecoins tailored to various use cases. Its deployment on Solana not only expands its technical scope but also aims to enable the everyday use of stablecoins in environments with broader commercial adoption.
