Solana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M Inflows

The stablecoin market has surpassed a total capitalization of $233 billion. Within this sector, Solana’s stablecoins have reached a new all-time high market capitalization of $12.73 billion, marking a record for the blockchain platform. Additionally, the Sui blockchain has seen a surge in stablecoin supply, with $60 million flowing in over the past 24 hours, bringing its total stablecoin supply to $800 million. These developments indicate growing adoption and liquidity in stablecoins across multiple blockchain ecosystems. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant