Question 1

What is a stablecoin?

Accepted Answer

A stablecoin is a token designed to hold a steady value — almost always pegged 1:1 to the US dollar, so one coin is meant to always be worth about $1. On Solana they settle in seconds for a fraction of a cent, which makes them useful for payments, savings, and trading without the price swings of SOL or BTC.

Question 2

USDC vs USDT — what’s the difference?

Accepted Answer

Both target $1, but they’re run by different companies. USDC is issued by Circle, a US-regulated firm that publishes monthly attestations and holds reserves in cash and short-term US Treasuries. USDT (Tether) is the largest and most widely traded stablecoin globally, but historically less transparent about its reserves. On Solana, USDC has the deepest native liquidity; USDT is bridged and common on exchanges.

Question 3

What does “depeg” mean — should I worry?

Accepted Answer

A depeg is when a stablecoin trades away from its $1 target — say $0.97 or $1.03. It usually happens during market panic or when people doubt the reserves. Most depegs are brief and recover, but they’re the main risk of holding stablecoins. We track live prices so you can spot any coin that has drifted.

Question 4

SPL Token vs Token-2022 — what’s the difference?

Accepted Answer

Both are Solana token standards. SPL Token is the original, used by USDC and most older coins. Token-2022 is the newer standard that adds optional features issuers can switch on: transfer fees, freeze controls, confidential transfers, and KYC hooks. Neither is automatically “better” for you as a holder — it just tells you what the token can do. Each coin page shows which standard it uses.

Question 5

Why issue a stablecoin on Solana?

Accepted Answer

Solana combines instant settlement, sub-cent fees, and global reach with regulatory-friendly Token Extensions — built-in KYC/AML hooks, freeze controls, and transfer restrictions designed for compliant digital currencies.

Question 6

Where can I buy stablecoins?

Accepted Answer

You buy them through an on-ramp — a service that converts your bank balance or card into stablecoins on Solana, and back out again. We track the ramps that support Solana, with the coins and regions each one covers.

Question 7

Where can I spend stablecoins?

Accepted Answer

A growing number of debit and credit cards let you spend stablecoins directly at any merchant, settling on Solana behind the scenes. We list the cards that work with Solana stablecoins and what each supports.

Question 8

Where can I earn yield on stablecoins?

Accepted Answer

Stablecoins can earn yield through lending protocols, savings products, and neobank-style apps. Rates and risk vary widely, so check what backs each one before depositing. We track live yields across Solana.

Question 9

Is it safe to hold stablecoins on Solana?

Accepted Answer

Safety depends mostly on the issuer, not the blockchain. Reputable, fully-backed, audited stablecoins (like USDC and PYUSD) carry low risk; algorithmic or thinly-backed ones carry more. Your main practical risks are choosing a weak issuer, bugs in the apps you use, and losing your keys. The chain itself just moves the tokens.

Question 10

How big is the stablecoin market on Solana?

Accepted Answer

Solana carries well over $10B in stablecoin supply with hundreds of billions of dollars in monthly transfers, at a median transaction fee of about $0.0013. The live total across every coin we track is at the top of this page.

Question 11

How fresh is the data on this site?

Accepted Answer

Supply, holders, USD prices, and yields refresh every 15 minutes from Solana RPC (Helius), Jupiter v2 Search, and Jupiter Lend.

Question 12

How do I get a stablecoin listed here?

Accepted Answer

Reach out on X (@stablesonsolana) with the mint address and issuer details. Once added, the cron picks it up automatically — no code change required.

#		Issuer			Trend
1	Re Protocol reUSD reUSD	Re Protocol	$37.56B	—	+12.5%	175	-2.48%	+12.48%	Aug 4
2	USD Coin USDC	Circle	$8.02B	9.59% gami_cap via Lulo JupLend 6.36%	+4.2%	5M	+5.58%	+4.23%	Mar 2021
3	USDT USDT	Tether	$3.83B	5.24% Jupiter via Lulo JupLend 5.24%	-0.0%	2M	+0.00%	+0.00%	Mar 2021
4	World Liberty Financial USD USD1	World Liberty Financial	$1.38B	—	-0.4%	37K	+0.00%	-0.40%	Aug 2025
5	USDGO USDGO	OSL	$1.26B	—	+5.8%	335	+0.00%	+5.84%	Jun 22
6	BlackRock USD Institutional Digital Liquidity Fund BUIDL	BlackRock	$812.65M	—	-16.0%	12	+0.00%	-16.00%	Mar 2025
7	PayPal USD PYUSD	PayPal	$704.70M	8.95% Kamino via Lulo	-5.6%	59K	+0.38%	-5.59%	Jun 2024
8	Global Dollar USDG	Global Dollar	$605.20M	5.77% Jupiter via Lulo JupLend 5.77%	-8.2%	26K	-1.53%	-8.16%	Mar 2025
9	Jupiter Lend USDC jlUSDC	Jupiter	$444.74M	—	-1.8%	14K	-0.69%	-1.82%	Aug 2025
10	PayFi Strategy Token USDC PST	Huma	$376.74M	—	-1.8%	4K	-2.57%	-1.83%	Apr 2025
11	USDe USDe	Ethena	$314.17M	—	-32.2%	10K	-0.42%	-32.16%	Aug 2024
12	OnRe Tokenized Reinsurance ONyc	OnRe	$305.87M	—	+4.8%	9K	+0.00%	+4.76%	May 2025
13	SoFiUSD SOFID	SoFi	$245.69M	—	+8.6%	235	+0.00%	+8.62%	Apr 21
14	wYLDS wYLDS	Figure	$222.23M	—	+15.7%	430	+0.03%	+15.73%	Nov 26
15	S State Street Galaxy Onchain Liquidity Sweep Fund SWEEP	State Street Galaxy	$205.66M	—	+27.5%	5	+0.00%	+27.51%	Apr 30
16	USX USX	Solstice	$201.45M	—	-6.0%	9K	+0.00%	-6.04%	Aug 2025
17	Ondo US Dollar Yield USDY	Ondo Finance	$180.18M	—	0.0%	9K	+0.00%	+0.00%	Jun 2024
18	EURC EURC	Circle	$139.42M	11.72% Kamino via Lulo JupLend 6.38%	+19.0%	61K	+0.00%	+19.04%	Dec 2023
19	CASH CASH	Phantom	$128.90M	4.08% Kamino P via Lulo	-2.0%	731K	-1.07%	-1.99%	Sep 2025
20	Prime PRIME	Figure	$116.54M	—	-11.8%	2K	-0.76%	-11.79%	Nov 26

#		Issuer			Trend
1	Re Protocol reUSD reUSD	Re Protocol	$37.56B	—	+12.5%	175	-2.48%	+12.48%	Aug 4
2	USD Coin USDC	Circle	$8.02B	9.59% gami_cap via Lulo JupLend 6.36%	+4.2%	5M	+5.58%	+4.23%	Mar 2021
3	USDT USDT	Tether	$3.83B	5.24% Jupiter via Lulo JupLend 5.24%	-0.0%	2M	+0.00%	+0.00%	Mar 2021
4	World Liberty Financial USD USD1	World Liberty Financial	$1.38B	—	-0.4%	37K	+0.00%	-0.40%	Aug 2025
5	USDGO USDGO	OSL	$1.26B	—	+5.8%	335	+0.00%	+5.84%	Jun 22
6	BlackRock USD Institutional Digital Liquidity Fund BUIDL	BlackRock	$812.65M	—	-16.0%	12	+0.00%	-16.00%	Mar 2025
7	PayPal USD PYUSD	PayPal	$704.70M	8.95% Kamino via Lulo	-5.6%	59K	+0.38%	-5.59%	Jun 2024
8	Global Dollar USDG	Global Dollar	$605.20M	5.77% Jupiter via Lulo JupLend 5.77%	-8.2%	26K	-1.53%	-8.16%	Mar 2025
9	Jupiter Lend USDC jlUSDC	Jupiter	$444.74M	—	-1.8%	14K	-0.69%	-1.82%	Aug 2025
10	PayFi Strategy Token USDC PST	Huma	$376.74M	—	-1.8%	4K	-2.57%	-1.83%	Apr 2025
11	USDe USDe	Ethena	$314.17M	—	-32.2%	10K	-0.42%	-32.16%	Aug 2024
12	OnRe Tokenized Reinsurance ONyc	OnRe	$305.87M	—	+4.8%	9K	+0.00%	+4.76%	May 2025
13	SoFiUSD SOFID	SoFi	$245.69M	—	+8.6%	235	+0.00%	+8.62%	Apr 21
14	wYLDS wYLDS	Figure	$222.23M	—	+15.7%	430	+0.03%	+15.73%	Nov 26
15	S State Street Galaxy Onchain Liquidity Sweep Fund SWEEP	State Street Galaxy	$205.66M	—	+27.5%	5	+0.00%	+27.51%	Apr 30
16	USX USX	Solstice	$201.45M	—	-6.0%	9K	+0.00%	-6.04%	Aug 2025
17	Ondo US Dollar Yield USDY	Ondo Finance	$180.18M	—	0.0%	9K	+0.00%	+0.00%	Jun 2024
18	EURC EURC	Circle	$139.42M	11.72% Kamino via Lulo JupLend 6.38%	+19.0%	61K	+0.00%	+19.04%	Dec 2023
19	CASH CASH	Phantom	$128.90M	4.08% Kamino P via Lulo	-2.0%	731K	-1.07%	-1.99%	Sep 2025
20	Prime PRIME	Figure	$116.54M	—	-11.8%	2K	-0.76%	-11.79%	Nov 26

$57.84B

Market overview

Total market cap history

USD stablecoin dominance

Movers

All Solana stablecoins