According to BlockBeats, data from blockchain analysis platform Artemis shows that the supply of stablecoins on the Solana network has increased by 55.72% in the past three months to $3.12 billion. Among them, the transfer volume of stablecoins has surged by 164% to $1.4 trillion, reflecting the high activity of the network.

A breakdown of stablecoins on Solana shows that USDC is dominant, accounting for 73% of such assets on the network. On April 2, USDC’s stablecoin transfer volume reached $63.69 billion, surpassing USDT’s $812.41 million. EURC ranked in the top three with a transaction volume of less than $100,000.