Can Solayer’s sUSD (RWA-backed stablecoin) become the first spendable, yield-bearing USD that merchants accept instantly—without giving up self-custody?
Short answer: maybe — the tech and product signals line up, but custody & redemption rules decide whether it’s useful or just clever marketing.
Solayer has pushed sUSD as an RWA-backed synthetic pegged to the U.S. dollar and engineered to earn yield by routing reserves into short-duration treasuries and tokenized cash instruments. That design lets sUSD behave like a stable, yield-bearing unit of account—good for merchants if redemptions are fast and transparent.
Crucial glue: InfiniSVM’s ultra-low latency makes sub-second settlement realistic, so a merchant could accept sUSD and see the payment finalized almost instantly on-chain—no custodial delay. Pair that with the Emerald Card’s Apple/Google Pay compatibility and you get a true “spend crypto like cash” UX.
Caveats that matter: who holds the RWA custody, redemption windows on large outflows, and how sUSD maintains its peg under stress. Also, protocol sinks like the planned 50% gas burn change monetary pressure on $LAYER and indirectly affect ecosystem incentives.
What to watch next: RWA custodian names & audit reports, sUSD peg stability during market stress, Emerald Card merchant rollouts, and sUSD TVL/redemption velocity. If those readouts stay clean, sUSD could be the first self-custodial, yield-bearing USD people actually spend.
