Reflect Money, the innovative stablecoin protocol backed by powerhouse venture firm Andreessen Horowitz (a16z) Crypto, announced today that its highly anticipated USDC+ alpha access is just 48 hours away from opening. With over 22,000 users registered for early access, the project is poised to transform how stablecoins generate yield on the Solana blockchain.

Reflect raised $3.75 million in seed funding in early September, led by a16z Crypto's CSX accelerator program. The round drew participation from other notable investors, signaling strong confidence in Reflect's vision to make stablecoins more productive. Founded to build yield-generating infrastructure on Solana, Reflect aims to integrate complex DeFi strategies into user-friendly, self-custodial stablecoins that are fully insured and spendable like regular assets.

The initial phase will have a deposit cap of $10 million and will roll out in limited "epochs." This controlled release rewards the first depositors with "founding member" status, creating an incentive for early participation.

Read More:
https://docs.reflect.money/introduction