Renaud Partners Deep Dive: Hylo Why Hylo? At Renaud Partners, one of our core goals for more than five years has been to support the growth of the Solana ecosystem. @Hylo_so reflects that vision: it’s Solana-native, permissionless, and designed to scale alongside the chain. We backed Hylo early as they are Solana OGs we've known for years and the products they’re creating, hyUSD and xSOL, are the kind of primitives that strengthen the entire ecosystem. Stablecoins and leverage will always be pillars of onchain finance. Hylo is building them in a way that’s decentralized, scalable, and uniquely Solana. That’s why we support them. Let’s dive in. Hylo: Solving the stablecoin trilemma Stablecoins are the foundation of the onchain economy. In 2024 alone, they facilitated more than $23 trillion in transactions, surpassing Visa and Mastercard in total payment volume, and accounting for the vast majority of trades on DEXs and CEXs. They consistently made up 20–40% of TVL in DeFi...
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