Solana stablecoin transfer volume hits record monthly high of $300 billion

Since the beginning of January, stablecoin transfer volume on Solana has reached 303 billion USD, 2,520% higher than the figure of 11.56 billion USD in January 2023.

Solana’s stablecoin market share is currently almost 32%, which is a massive increase from the 1.2% share it had a year ago.