What Solana’s $500mln USDC mint really means for S
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What Solana’s $500mln USDC mint really means for SOL
For any Layer 1 network, stablecoins serve as a direct gateway to on-chain activity.
The logic is straightforward: The more liquidity a network attracts, the easier it becomes for users to trade, borrow, lend, and move capital across its ecosystem. In that sense, Solana’s growing stablecoin supply points to increasing demand for the network’s on-chain infrastructure.
What does the latest USDC surge mean for SOL?
As the chart below shows, Solana’s stablecoin market cap is closing in on its all-time high of $16 billion, with more than $370 million flowing into the network over the past week alone.
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