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Solana

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Last updated · daily

Layer 1

High-performance L1 with sub-second finality and near-zero fees. Fast-growing stablecoin ecosystem with strong USDC and PYUSD presence.

Stablecoin supply
$15.6B 5.29% of networks covered
Rank by supply
3 of 30 covered
Coins on this chain
46 33 above $1M
Largest coin's share
43.8% USDC
Concentration (HHI)
2,421 of 10,000
01

The mix

46 coins · HHI 2,421

Top coin — the largest coin's share of this chain's stablecoin supply. HHI — Herfindahl-Hirschman Index, the sum of squared percentage shares on a 0–10,000 scale, the same definition published for the market-wide concentration series. Both are computed over every coin with supply on the chain, not only those listed below. A chain's concentration measure describes only its stablecoin mix. It does not indicate the security of the chain or the soundness of the issuers represented on it.

# Stablecoin Type Supply on Solana
1 USDCUSD Coin Fiat $6.8B
2 USDTTether Fiat $2.6B
3 USD1World Liberty Financial USD Fiat $1.4B
4 USDGOUSDGO Fiat $1.3B
5 BUIDLBlackRock USD Fiat $876M
6 PYUSDPayPal USD Fiat $674M
7 USDGGlobal Dollar Fiat $622M
8 USDeEthena USDe Crypto $316M
9 SOFIDSoFiUSD Fiat $254M
10 USXSolstice USX Crypto $202M
11 CASHCASH Fiat $129M
12 MOVEUSDCFX MoveUSD Fiat $114M
13 OUSDOpen USD Fiat $82M
14 JUPUSDJupUSD Crypto $43M
15 USDTBEthena USDtb Fiat $40M
16 HYUSDHylo HYUSD Crypto $24M
17 USDPTWestern Union USDPT Fiat $18M
18 SBCStable Coin Fiat $16M
19 MM by M0 Fiat $15M
20 USDUUnitas Crypto $12M
21 USDVSolomon USDv Crypto $9M
22 FDUSDFirst Digital USD Fiat $9M
23 DUSDStandX DUSD Crypto $6M
24 USDSSky Dollar Crypto $5M
25 PAIParrot USD Crypto $4M
26 YUYU Crypto $4M
27 AUSDAgora Dollar Fiat $3M
28 eUSDTelcoin eUSD Fiat $3M
29 PUSDPalm USD Fiat $3M
30 USDCVUSD CoinVertible Fiat $2M
31 USDPPax Dollar Fiat $2M
32 USD+Streamflow USD+ Fiat $2M
33 USDHUSDH Crypto $1M

Coins with at least $1M of supply on this chain, ranked by that supply. 13 further coins hold smaller balances here and are counted in the concentration figures above but not listed.

02

The network

Launched2020
TierLayer 1
ConsensusProof of History / Proof of Stake
EVM-compatibleNo
Websitesolana.com

Frequently asked questions

Is Solana EVM-compatible?

No, Solana is not EVM-compatible. It uses its own virtual machine and developer toolchain.

Chain attribution from on-chain and cross-chain data. All networks · Methodology