Data: The number of active addresses for stablecoins on the Solana chain has surpassed 1.7 million, and the on-chain stablecoin market size has reached 16.3 billion USD

CryptoQuant analyst Darkfost posted on the X platform, stating that the Solana ecosystem data shows that the total scale of stablecoins on the Solana chain has reached 16.3 billion USD, of which USDC accounts for about 6.8 billion USD, or 42.8%; USDT accounts for about 2.9 billion USD, or 18.2%; and USDG accounts for about 1.2 billion USD, or 7.4%.

At the same time, the number of active addresses for Solana stablecoins has reached 1.7 million, setting a historical record, indicating that the demand for stablecoins in this network continues to grow.