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Guavy AI Editorial Team••Sentiment: 2•Clout: 48

Solana Stablecoin Supply Hits Record $4.81 Billion as Alternative Projects Grow

USDTSOLUSDC

The Solana blockchain has reached an all-time high in stablecoin supply, excluding USDC and USDT, at $4.81 billion, according to data from SolanaFloor.

This milestone highlights a growing trend of alternative stablecoin projects on the network, driven by user and developer adoption.

USD1 and USDG0 are leading this increase, accounting for nearly half of the total supply outside USDC and USDT with $1.02 billion and $1.0 billion respectively.

This growth is a positive signal for Solana's DeFi sector, improving liquidity across decentralized exchanges, lending protocols, and yield-generating platforms.