Solana's stablecoin supply reaches $17.9 billion, a record high, with USDC accounting for over 56%

USDC0,01%

Gate News reports that on March 20, the Solana blockchain’s stablecoin supply reached $17.9 billion, setting a new record. Circle’s USDC dominates the network, accounting for over 56% of the total stablecoin supply. Data shows that Solana has surpassed blockchains like Ethereum and Tron in stablecoin transfer volume, demonstrating its efficiency in peer-to-peer payments and institutional fund flows. Amid global economic fluctuations, Solana’s on-chain infrastructure remains robust, and users’ preference for regulated and transparent USDC assets highlights its competitive advantage.

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