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Solana co-founder "Stablecoin market cap could reach $1 trillion by 2026"

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Uk Jin
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  • Solana's co-founder predicted that the market capitalization of stablecoins could reach $1 trillion by 2026.
  • Currently, the market capitalization of stablecoins is $308,488,000,000, with Tether (USDT) holding the largest share at $186,758,000,000.
  • He said that if this projection materializes, the expansion of the stablecoin market could serve as a significant opportunity for investors.
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  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Solana (SOL) has offered a positive outlook on stablecoins (a virtual asset whose value is linked to fiat currency).

On the 27th (Korean time), according to Cointelegraph X (formerly Twitter), a media outlet specializing in crypto assets (cryptocurrencies), Solana's co-founder said, "The market capitalization of stablecoins could reach $1 trillion by 2026."

As of 4:27 p.m. that day, the market capitalization of stablecoins stood at $308,488,000,000. The largest stablecoin by market capitalization at that time was Tether (USDT), at $186,758,000,000, followed by USDC ($76,458,000,000), USDe ($6,309,000,000), USDS ($6,151,000,000), and DAI ($4,525,000,000).

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

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