Solana-Based Non-USDC/USDT Stablecoin Supply Surges Over 10 Times, Surpassing $3 Billion

Solana non-USDC/USDT stablecoin supply grows 10x to $3.1 billion - The Blockopedia

Solana’s alternative stablecoin market expands rapidly Looking at the numbers, something interesting is happening on Solana. The supply of stablecoins… The post Solana non-USDC/USDT stablecoin supply grows 10x to $3.1 billion appeared first on The Blockopedia.

Solana-Based Non-USDC/USDT Stablecoin Supply Surges Over 10 Times, Surpassing $3 Billion

According to data shared today by market analyst Token Terminal, the total supply of non-USDC/USDT stablecoins on Solana has risen significantly over the past two weeks of January. Stablecoins, which are different from crypto assets like BTC and ETH, continue to witness increasing popularity due to their consistency and predictability, making them useful in saving, trading, and diverse financial activities in the DeFi landscape. The Solana block…