Reflect has completed a $3.75 million funding round led by a16z crypto, and will launch an income-generating stablecoin, USDC+.

BlockBeats News, September 3rd, the stablecoin protocol Reflect completed a $3.75 million financing round, with a16z crypto leading the round, and participation from Solana Ventures, Equilibrium, Colosseum, and Big Brain Holdings.

Reflect will launch a new flagship yield-stablecoin, USDC+, on the Solana blockchain.

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