Solana Just Reminded Everyone: Not All Stablecoins Need a 'US' Prefix
Non-USD stablecoin senders on Solana nearly tripled year-over-year, according to fresh Dune data. The growth is being fueled by good ol' EURC and BRZ—because apparently, the rest of the world wants in on the stablecoin action too.
Solana's betting big on stablecoin payments, flexing its sub-second finality and practically free transactions as the main selling points. The institutional crowd seems to agree: Visa, Stripe, PayPal, Mastercard, and Western Union have all hooked up with the network.
This push comes after Solana fired up its stablecoin payment infrastructure back in February. Dune dropped the findings alongside research conducted with Visa, highlighting how regional stablecoins are gaining serious traction on-chain.
The numbers reflect a broader trend: blockchain networks with high throughput and minimal fees are becoming the go-to for cross-border payments. Turns out, when you remove the friction, people actually want to use crypto for sending money. Revolutionary concept, we know.
Mentioned Coins
Share Article
Quick Info
Disclaimer: This content is for information and entertainment purposes only. It does not constitute financial, investment, legal, or tax advice. Always do your own research and consult with qualified professionals before making any financial decisions.
See our Terms of Service, Privacy Policy, and Editorial Policy.