{"id":883241,"date":"2026-01-08T05:12:24","date_gmt":"2026-01-08T11:12:24","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/08\/solanas-stablecoin-market-cap-surges-by-900m-in-24-hours\/"},"modified":"2026-01-08T05:12:24","modified_gmt":"2026-01-08T11:12:24","slug":"solanas-stablecoin-market-cap-surges-by-900m-in-24-hours","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/08\/solanas-stablecoin-market-cap-surges-by-900m-in-24-hours\/","title":{"rendered":"Solana\u2019s stablecoin market cap surges by $900M in 24 hours"},"content":{"rendered":"<div data-testid=\"html-renderer-container\">\n<p>The market capitalization of stablecoins on the Solana layer-1 blockchain surged by $900 million over a 24-hour period on Tuesday.<\/p>\n<p>Stablecoins, <a href=\"https:\/\/cointelegraph.com\/learn\/articles\/stablecoins-101-what-are-crypto-stablecoins-and-how-do-they-work\">blockchain tokens backed by fiat currency<\/a> or debt assets, surged to a market cap of $15.3 billion on the Solana network, according to <a href=\"https:\/\/defillama.com\/chain\/solana?utm_source=chatgpt.com&#038;tvl=false\" rel=\"noopener nofollow\" target=\"_blank\">DefiLlama<\/a>.\u00a0<\/p>\n<p>The dramatic surge came as decentralized finance platform Jupiter <a href=\"https:\/\/cointelegraph.com\/news\/jupiter-jupusd-stablecoin-onchain-settlement-solana\">launched its JupUSD stablecoin<\/a>, developed in partnership with synthetic stablecoin issuer Ethena.<\/p>\n<figure>    <img decoding=\"async\" alt=\"Stablecoin, Solana, RWA, RWA Tokenization\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-01\/019b9a5d-53f1-7bf9-8d39-bd9e8bd2530e.png\" title><figcaption><em>The Solana stablecoin market cap surges. Source: <\/em><a href=\"https:\/\/defillama.com\/chain\/solana?utm_source=chatgpt.com\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/defillama.com\/chain\/solana?utm_source=chatgpt.com\"><em>DefiLlama<\/em><\/a><\/figcaption><\/figure>\n<p>Solana\u2019s stablecoin ecosystem is dominated by Circle\u2019s USDC (<a href=\"http:\/\/cointelegraph.com\/usdc-price-index\">USDC<\/a>), a dollar-pegged token, which accounts for over 67% of the network\u2019s total stablecoin market cap.<\/p>\n<p>The surge in stablecoins on Solana reflects heightened investment activity and investor interest, as the Solana ecosystem shifts toward becoming a hub of Internet capital markets, where value and risk are transferred entirely through onchain rails.\u00a0<\/p>\n<p data-ct-non-breakable=\"undefined\"><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/coinbase-bets-on-stablecoins-base-and-everything-exchange-for-2026\"><em><strong>Coinbase bets on stablecoins, Base and &#8216;everything exchange&#8217; for 2026<\/strong><\/em><\/a><\/p>\n<h2>Stablecoins become critical plumbing as assets move onchain <\/h2>\n<p>Stablecoin settlement volume <a href=\"https:\/\/cointelegraph.com\/news\/moodys-stablecoins-institutional-digital-cash-settlement-2026\">increased by 87%<\/a> in 2025, according to financial rating agency Moody&#8217;s Investors Service.\u00a0<\/p>\n<p>Stablecoins are critical infrastructure for tokenized real-world assets (RWAs), which are physical or traditional assets represented onchain, Moody&#8217;s said.\u00a0Tokenized RWAs require stablecoins for onchain liquidity and settlement.<\/p>\n<p>Tokenizing assets opens new use cases, like being able to use traditionally illiquid asset classes such as art, real estate and collectibles as backing collateral for loans in DeFI applications.\u00a0<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"17597862\"><\/template><\/p>\n<p>The RWA market is projected to surge to <a href=\"https:\/\/cointelegraph.com\/news\/rwa-tokenization-trillion-dollar-growth-driven-financial-institutions\">$30 trillion<\/a> by 2030, according to several traditional financial institutions.<\/p>\n<p>Stablecoins are among the leaders of that growth. The total market cap of fiat-backed stablecoins \u2014 tokens backed 1:1 by fiat cash deposits and government debt securities \u2014 is nearing $300 billion, according to <a href=\"http:\/\/rwa.xyz\" rel=\"noopener nofollow\" target=\"_blank\">RWA.<\/a>xyz.\u00a0<\/p>\n<p>Under the GENIUS Act, which was signed into law by US President Donald Trump in July 2025, regulated payment stablecoins must be backed on a one-to-one basis with high-quality liquid assets, effectively excluding algorithmic or under-collateralized models.<\/p>\n<p>Algorithmic stablecoins, which use software or complex market trades to maintain their fiat currency pegs, are not recognized under the GENIUS Act.\u00a0<\/p>\n<p>The GENIUS Act also prohibits stablecoin issuers from sharing yield directly with customers, a provision that has created debate about the<a href=\"https:\/\/cointelegraph.com\/news\/genius-act-end-banks-ripping-off-customers\"> future role of banks<\/a>.\u00a0<\/p>\n<p data-ct-non-breakable=\"undefined\"><em><strong>Magazine: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/magazine\/pakistan-will-deploy-bitcoin-reserves-defi-yield-crypto-chief-bilal-bin-saqib\/\"><em><strong>Pakistan will deploy Bitcoin reserve in DeFi for yield, says Bilal Bin Saqib<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\" data-ct-non-breakable=\"undefined\" label=\"Subscription Form: DeFi Newsletter\"><\/template><\/div>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/solana-stablecoin-market-cap-surge-900m-24-hours?utm_source=rss_feed&#038;utm_medium=rss&#038;utm_campaign=rss_partner_inbound\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Cointelegraph by Vince Quill<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market capitalization of stablecoins on the Solana layer-1 blockchain surged by $900 million over a 24-hour period on Tuesday. Stablecoins, blockchain tokens backed by fiat currency or debt assets, surged to a market cap of $15.3 billion on the Solana network, according to DefiLlama.\u00a0 The dramatic surge came as decentralized finance platform Jupiter launched<\/p>\n","protected":false},"author":1,"featured_media":883242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70090,23460],"tags":[],"class_list":{"0":"post-883241","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-solanas","8":"category-stablecoin"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/883241","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=883241"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/883241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/883242"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=883241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=883241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=883241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}