Another solid week for stablecoins on Solana! Here's a quick recap: → Total stablecoin supply on @solana crossed $13.9B, a new all-time high. → The first ever tenge-backed KZTE stablecoin was launched by @Intebix on Solana in collab with the @nationalbank_kz, @Mastercard and Eurasian Bank. Huge props to @superteamKZ and @cryptolgi for their initiative. → The @SquadsProtocol product suite now secures $2B in stablecoins. → The @fusewallet Earn vault on @kamino crossed $1.6M in deposits, bringing premium DeFi yields closer to retail users. → USDC+, a new yield-bearing stablecoin by @reflectmoney, shipped to mainnet and already crossed $2M in deposits. Check out their alpha at → @solsticefi adopted @chainlink CCIP and Data Streams on Solana to power its newly launched stablecoin USX ($150M+ TVL) with institutional-grade interoperability and real-time market data. → @SolStableFuture was a huge success with large number of attendees and speakers from top institutions and crypto...
Another big week for stablecoins on Solana. Quick recap: → Total stablecoin supply on @solana hit an all-time high of $13.3B. Huge shoutout to all the teams pushing things forward and to @artemis for the data. → Say hello to the all-new @fusewallet - Cash, Card, Investments, and Earn, all in one place, with Fuse Card live in 10 countries. Fully self-custodial and verified, powered by @SquadsProtocol. → @KaminoFinance announced a new PYUSD Growth Initiative with $700,000 in monthly incentives across Kamino Earn, Lend, and Liquidity. Kamino Earn currently offers stablecoin yields of 10-20% APY. → Tron is live on @debridge, opening access to $90B+ liquidity including USDT and other assets for Solana. → Project Wings by @worldlibertyfi is now live with @bonk_fun and @RaydiumProtocol, offering rewards for supporting USD1 pairs. → @range_org launched the Stablecoin Explorer. Track all Solana stablecoins and more across 100+ chains and 20+ bridges in one place: Did I miss anything?...
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