Stable Standard - Week of January 13, 2025

Solana's stablecoin surge, Nubank's USDC push in Brazil, new stablecoin infrastructure from 1Money and Tether, plus insights from Bridge's founder

Solana Stablecoin Supply Chart - Source: Peter Schroeder + Artemis.xyz Solana Stablecoin Supply Hit ATH Stablecoin supply on the Solana blockchain has reached new highs, surpassing $7 billion, with a notable surge of over $1 billion in USDC minted just within a two-day period. This milestone comes as part of a broader trend where the stablecoin supply on Solana has doubled in recent months, with USDC representing more than 80% of the total stablecoin supply on the network. Much of this new USDC growth has stemmed from increased memecoin trading via applications such as Jupiter, Raydium,…

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