According to CoinMeta, Galaxy announced the launch of two stablecoins, Vaults, on Kamino, to expand its on-chain lending business in Solana. These are referred to as USDC and USDT strategies, respectively. Galaxy stated that its curatorial team will decide which Vaults can enter the Kamino lending market, controlling risk exposure and monitoring market conditions. Kamino confirmed the launch of this product, describing it as actively managed lending Vaults, aimed at generating revenue from borrower activities. The curatorial business of Galaxy began in July, initially based on the stablecoin strategy of Morpho. This launch of Kamino introduces the same curatorial model to a second blockchain and directly targets the Solana lending market.