Spout Finance Launches Solana-Based US Stock-Backed Lending Platform
The platform allows borrowing USDC against tokenized US stocks without paying interest.
The platform allows borrowing USDC against tokenized US stocks without paying interest. USDC (USDC) is trading at ₹94.96 ($0.9995). This is an original Token Times brief based on reporting by Brave New Coin, with live market data added, as of Sun, 25 Oct 2026 09:00:01 UTC.
This development bridges traditional finance and DeFi by enabling stock-backed crypto loans, potentially attracting new users to the Solana ecosystem and expanding DeFi use cases.
- Spout Finance allows borrowing USDC against tokenized US stocks interest-free.
- The platform operates on the Solana blockchain, leveraging its DeFi ecosystem.
- USDC circulating supply is $71.72B, while Solana DeFi TVL is $5.79B.
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- Spout Finance Launches Solana-Based US Stock-Backed Lending Platform — this brief
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Spout Finance, a new lending protocol built on the 
Solana blockchain, has launched a platform that allows users to borrow 
USDC against tokenized US stocks without paying interest. This innovative approach aims to bridge traditional finance with decentralized finance (DeFi) by leveraging the value of stocks in a crypto-native way.
The platform is the brainchild of Marc Ryan, who co-founded Spout Finance and serves as its CEO. Ryan's background in technology investment banking at HSBC, where he observed the favorable borrowing terms available to wealthy clients, inspired the creation of this interest-free lending model.
The development comes as the Solana ecosystem continues to grow, with a current DeFi total value locked (TVL) of $5.79 billion, according to DeFiLlama. Meanwhile, the USDC stablecoin, which is central to Spout Finance's operations, has a circulating supply of $71.72 billion.
The broader crypto market remains relatively stable, with a total market cap of $2.76 trillion. 
Bitcoin is down slightly by 0.14% in the last 24 hours, while the Fear & Greed Index stands at 54, indicating a neutral market sentiment.
This development is significant as it introduces a new way for users to leverage their traditional investments within the DeFi space. It remains to be seen how this model will be received and what impact it will have on the adoption of similar platforms.
Since this brief published about 3 days ago, USDC (USDC) has moved from ₹94.96$0.9995 to ₹94.96$0.9995 — +0.00%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₹102.45 (about $0.9995), down 0.0% over 24 hours. The rupee itself trades about 7.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 25, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Spout Finance Launches Solana-Based US Stock-Backed Lending — questions & answers
How does Spout Finance's lending model work?
Users can borrow USDC against tokenized US stocks without paying interest.
What blockchain does Spout Finance use?
The platform operates on the Solana blockchain.
What is the current USDC circulating supply?
The USDC circulating supply is $71.72 billion.
How much is 1 USDC worth in rupee today?
About ₹102.45 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9995. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Brave New Coin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.