A year back, USDC and USDT dominated Solana's stablecoin landscape, capturing 97% of the total market share. Fast forward to today—the picture has shifted dramatically. Native stablecoins now represent 20% of the ecosystem's stablecoin supply, signaling a meaningful diversification trend. USX, the largest native stablecoin on Solana, leads this charge with over $300 million in total value locked. What's particularly striking is that this liquidity isn't just sitting idle; it's actively circulating and expanding within the Solana ecosystem, fueling growth and creating new economic opportunities. This transition reflects growing confidence in homegrown solutions and a maturing DeFi landscape where alternatives to cross-chain bridges are gaining traction.

USDC0,04%
SOL-3,63%
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LightningSentryvip
· 19h ago
The local stablecoins are on the rise again, from 97% to 20%... indicating that everyone is starting to believe in what they created, no longer solely relying on the US dollar.
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CommunitySlackervip
· 19h ago
Wow, dropped from 97% to 20%, this change is too intense. USX is rising now.
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GasWastervip
· 19h ago
Solana's own stablecoin has finally gained momentum, 20% is quite a lot. It would be great if it continues to rise.
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GateUser-afe07a92vip
· 20h ago
Local stablecoins have really taken off, growing from 0 to 20% in just one year. The over 30 billion USX lock-up volume shows that people still have confidence.
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