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Token Terminal 📊·2025-11-06 18:33
RT Token Terminal 📊 (@tokenterminal)Institutional stablecoins are gaining traction on Solana1⃣ Two institutional stablecoins—USDG and PYUSD—have reached $655M and $1B in outstanding supply on Solana. Outstanding supply represents the total amount of stablecoins in circulation on the blockchain. USDG is issued by Paxos for the Global Dollar Network, a consortium spanning exchanges (Robinhood, OKX, Gate), neobanks, fintechs, wallets, and infrastructure providers across 30+ partners. PYUSD is issued by Paxos f ...