Decrypt Money Accounts Launches on Solana, Single USDT Balance Covers Multiple Financial Products
Odaily News: Crypto information platform Decrypt has launched Decrypt Money Accounts on Solana. Account balances are denominated in USDT and can be used across products including Earn, Swaps, Predictions, and Perps. The platform covers gas and rent fees through fee-payer co-signing, so users do not need to hold SOL or handle network fees.The account uses a self-custody model. Decrypt does not hold users' private keys and cannot execute transactions on their behalf. Users can deposit funds through multiple payment methods. A private key export feature is expected to be available shortly, after which accounts can be connected to any Solana wallet software.Cross-chain operations are handled at the platform's underlying layer. For example, Myriad Predictions markets settle on BNB Chain, yet users can still trade using the same Solana USDT balance without bridging or switching networks. Existing Myriad Wallet users can use the service directly without migration.Decrypt Money Accounts will serve as the underlying channel for The Information Exchange, connecting Decrypt, Myriad, and the upcoming MYR. The platform will subsequently expand prediction markets into instruments such as spot, perpetual futures, and structured event products. (Decrypt)
