{"id":864758,"date":"2025-07-25T03:17:19","date_gmt":"2025-07-25T08:17:19","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/25\/stablecoins-surpass-sol-in-adoption-as-crypto-shifts-toward-utility\/"},"modified":"2025-07-25T03:17:19","modified_gmt":"2025-07-25T08:17:19","slug":"stablecoins-surpass-sol-in-adoption-as-crypto-shifts-toward-utility","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/25\/stablecoins-surpass-sol-in-adoption-as-crypto-shifts-toward-utility\/","title":{"rendered":"Stablecoins Surpass SOL in Adoption as Crypto Shifts Toward Utility"},"content":{"rendered":"
\n

The number of wallets holding stablecoins has officially surpassed the number of wallets holding Solana\u2019s SOL<\/a> token.<\/strong><\/p>\n

The rise of stablecoins is not just a matter of statistics\u2014it is a sign that crypto is gradually \u201cmaturing.\u201d<\/p>\n

Why Stablecoins Are Winning as Crypto Matures<\/h2>\n

After years of being viewed as speculative tools or \u201ctoys for tech enthusiasts,\u201d the crypto market is undergoing a structural shift. The latest data shows that the number of wallets holding stablecoins<\/a> has officially exceeded those holding Solana\u2019s SOL token<\/a>. <\/p>\n

Specifically, stablecoin<\/a> now accounts for 38% of all wallets, while SOL represents only 37%.<\/p>\n

\"User
User ownership of stablecoin. Source: Reown<\/a><\/figcaption><\/figure>\n

This appears to signal a shift in investor priorities, from holding highly volatile digital assets to using more stable digital assets. In other words, crypto is entering a phase of practical application.<\/p>\n

Stablecoin has become an essential part of the Web3 ecosystem. Unlike other narratives, stablecoins don\u2019t rely on market cycles. They prove to be a real product-market fit and are easy to use for mainstream users. They enhance cross-border payments, e-commerce, and DeFi<\/a> and dominate value storage in the expanding digital economy.<\/p>\n

A key factor fueling the rapid growth of stablecoins is the shifting regulatory environment, particularly in the US. The Genius Act<\/a> has triggered a new wave of stablecoin issuance from banks, asset funds, and even major tech firms. <\/p>\n

Chainlink<\/a> stated that a new \u201cstablecoin issuance boom\u201d is being launched, driven by regulatory momentum and growing interest from traditional finance.<\/p>\n

\n

\u201cUS stablecoin legislation is kicking off a stablecoin issuance boom from banks, asset managers, & tech companies,\u201d Chainlink stated<\/a>.<\/p>\n<\/blockquote>\n

However, not everyone is fully optimistic. JPMorgan recently argued<\/a> that the forecast of a $2 trillion stablecoin market by 2028<\/a> is \u201coverly optimistic\u201d, with a more realistic figure closer to $500 billion<\/a>. <\/p>\n

However, a survey of 295 global institutions<\/a> shows 49% use stablecoins for payments, with 41% in testing or planning phases.<\/p>\n

\n

\u201cStablecoins have become unquestionably the alternative, dollarbased, payments rail for the global south. Especially for use cases in treasury management, payouts and pay-ins between the Global South countries and the Global North. This alone would be a major breakthrough, but the coming of the GENIUS Act could be a tipping point where stablecoins gain legitimacy in the G20\u201d Simon Taylor, head of strategy at Sardine, shared<\/a>.<\/p>\n<\/blockquote>\n

Although more Layer-1 platforms like Solana<\/a>, Tron, and BNB Chain are joining the stablecoin race, Ethereum remains the dominant \u201chome\u201d in terms of both volume and transaction value. Still, high gas fees<\/a> and limited scalability remain major barriers. <\/p>\n

This opens the door for high-performance blockchains to gain market share ahead.<\/p>\n

\n

Disclaimer<\/p>\n

In adherence to the Trust Project<\/a> guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our\u00a0Terms and Conditions<\/a>,\u00a0Privacy Policy<\/a>, and\u00a0Disclaimers<\/a>\u00a0have been updated.<\/p>\n<\/div><\/div>\n

Read More<\/a>
\n Linh B\u00f9i<\/p>\n","protected":false},"excerpt":{"rendered":"

The number of wallets holding stablecoins has officially surpassed the number of wallets holding Solana\u2019s SOL token. The rise of stablecoins is not just a matter of statistics\u2014it is a sign that crypto is gradually \u201cmaturing.\u201d Why Stablecoins Are Winning as Crypto Matures After years of being viewed as speculative tools or \u201ctoys for tech<\/p>\n","protected":false},"author":1,"featured_media":864759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81731,43463],"tags":[],"class_list":{"0":"post-864758","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stablecoins","8":"category-surpass"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/864758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=864758"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/864758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/864759"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=864758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=864758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=864758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}