Increase of $424.87 Million in Stablecoins on the Solana (SOL) Network

Son Min

Summary

It was announced that stablecoins issued on the Solana network increased by $424.87 million.
The balances of Tether (USDT) and USD Coin (USDC) on Solana have noticeably increased.
The Base network also reported an increase of $75 million in the same stablecoin balance.

Over the past week, it has been revealed that stablecoins issued on the Solana (SOL) network amounted to $424.87 million (approximately 625.3 billion KRW).

On the 30th (local time), Lookonchain announced on X that "the balance of Tether (USDT) and USD Coin (USDC) on the Solana network reached $424.87 million over the past 7 days," adding that "the Base network also saw an increase of $75 million in the same stablecoin balance."