Solana Stablecoin Market Surpasses $12 Billion

Solana’s stablecoin market has just hit a major milestone, exceeding $12 billion in capitalization as of April 24, 2025. This surge is indicative of growing adoption of the platform for stablecoins. USDC and Tether dominate Solana’s stablecoin ecosystem, contributing significantly to this growth. The achievement reflects Solana’s expanding influence and its increasing role in the DeFi sector.