Diverse Stablecoins Now Represent 20% of Solana's Supply, Reflecting Growing Ecosystem Confidence

Stablecoins other than USDC and USDT now make up about 20% of Solana's total stablecoin supply, up from 3% a year ago. Solana hosts various new stablecoins including PYUSD, USDG, USD1, and non-USD options like the Swiss Franc and Euro tokens. This diversification indicates maturation of Solana's application ecosystem, reducing concentration risk and demonstrating increased issuer confidence.