January Sees Solana Stablecoins’ Market Cap Double

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Circle’s USDC was the most dominant stablecoin on Solana, accounting for nearly 80% of all stablecoins on the network.

The market capitalization of stablecoins on the Solana blockchain more than doubled in January, soaring from $5.1 billion on New Year’s Day to $11.4 billion by month’s end, according to data from DefiLlama.


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