Solana Stablecoin Market Hits Record $12.8 Billion

The market capitalization of stablecoins on the Solana blockchain reached a new all-time high of $12.8 billion on Tuesday. The figure reflects a $166 million increase over the past 7 days and a 5% increase over the past month, according to data from DeFiLlama . The gains were led by heavyweight stablecoins such as Circle’s USDC and Ondo’s USDY. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant