🚀 Solana's stablecoin scene is booming! In December, it welcomed an extra $1 billion, mostly in USDC, bringing its stablecoin TVL to $5 billion. Tether's USDT also holds a cool $1 billion slice.
Solana's rise as an Ethereum challenger is no joke, with its TVL skyrocketing from $1.4 billion to $8.6 billion in 2024. Retail traders are flocking to Solana, eyeing memecoins and AI tokens.
Meanwhile, Ethereum still flexes with a whopping $110 billion stablecoin TVL. But hey, Solana's got its eyes on the prize!