Solana Stablecoins Hit a New Record Solana’s stablecoin economy just reached another milestone. On September 25, stablecoin supply on the network climbed to around $17.3 billion, setting a new all-time high. That’s roughly $600 million above the previous record reported in August. The move wasn’t happening in isolation either. Recent data showed significant USDC and USDT issuance on Solana during the same period. For me, the bigger story isn’t just the number. More stablecoins onchain usually mean more capital available for trading, lending, payments, DeFi and other financial applications. Solana is increasingly becoming a place where stablecoin liquidity actually gets used, rather than simply sitting onchain. $SOL
Afnova AvianShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.