Solana's stablecoin ecosystem just hit a milestone. Monthly transfer volume for USDG surged to $8.4 billion in December, marking an all-time peak on the blockchain. The stablecoin, issued by Paxos, continues to gain traction as traders and DeFi protocols increasingly rely on it for efficient transactions across the network. This jump reflects growing demand for stable-value assets in Solana's fast-growing financial infrastructure.
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FlashLoanKing
· 13h ago
USDG this data is quite impressive, 8.4B is a big deal... The Solana ecosystem is really taking off.
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SingleForYears
· 13h ago
The Sol ecosystem is really getting stronger and stronger, and these numbers are a bit frightening...
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BearMarketNoodler
· 13h ago
8.4B is indeed impressive, but when placed in the context of the entire chain's trading volume, it's still just a drop in the bucket. Don't rush to celebrate.
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LiquidityWizard
· 14h ago
The Sol ecosystem stablecoin is finally taking shape; 8.4 billion is not a small number.
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Degentleman
· 14h ago
8.4B? Solana is about to take off, Paxos is making a pretty aggressive move.
Solana's stablecoin ecosystem just hit a milestone. Monthly transfer volume for USDG surged to $8.4 billion in December, marking an all-time peak on the blockchain. The stablecoin, issued by Paxos, continues to gain traction as traders and DeFi protocols increasingly rely on it for efficient transactions across the network. This jump reflects growing demand for stable-value assets in Solana's fast-growing financial infrastructure.