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Tether’s USDT Supply on Solana Rises Over 14% in Seven Days

The post says USDT supply on Solana increased by more than 14% over a seven-day period, while raising a question about USDC activity on the network.

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Summary

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Terms & Concepts
  • USDT: Tether’s dollar-pegged stablecoin, designed to maintain a value close to one U.S. dollar.
  • Solana: A high-speed blockchain network used for crypto transfers, decentralized applications, and token issuance.
  • USDC: A dollar-pegged stablecoin issued by Circle, commonly used for trading, payments, and on-chain liquidity.