Solana stablecoin supply reaches $16.3 billion as active addresses hit record

Solana’s stablecoin supply has reached $16.3 billion, while active addresses holding Solana-based stablecoins have surpassed 1.7 million, a record high, according to on-chain analyst Darkfost. USDC accounts for $6.8 billion of the supply, followed by USDT at $2.9 billion and USDGO at $1.2 billion. An earlier version of the record identified the third-largest holding as USDG. The growth highlights Solana’s expanding role in stablecoin trading, payments, remittances and decentralized finance, supported by its low transaction fees and high throughput. Solana now ranks among the leading networks for stablecoin supply, behind Ethereum and Tron, although supply figures remain a snapshot that can change with market conditions.

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