Stables on Solana

Solana Stablecoin Analytics

FAQ · STABLECOINS ON SOLANA

Questions, answered.

Basics

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.
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.
Compare coins
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.
Live peg monitor

On Solana

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.
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.

Using stablecoins

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.
Browse on/off-ramps
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.
Browse cards
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.
Compare yields Neobanks

Safety & data

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.
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.
Supply, holders, USD prices, and yields refresh every 15 minutes from Solana RPC (Helius), Jupiter v2 Search, and Jupiter Lend.
Reach out on X (@stablesonsolana) with the mint address and issuer details. Once added, the cron picks it up automatically — no code change required.
X (@stablesonsolana)

LEARN MORE ON SOLANA.COM

SOURCE · SOLANA.COM/SOLUTIONS/STABLECOINS

Back to all stablecoins

Projects on Solana

46 apps and protocols that work with stablecoins on Solana — wallets, payment rails, DEXs, lending, cards, ramps, payroll, and bridges.

Wallets

Self-custody apps for holding and sending stablecoins on Solana.

7

Most-used Solana wallet with built-in stablecoin swaps and on-ramps.

Multi-platform Solana wallet with staking and the Solflare card.

Exchange + wallet with multi-chain stablecoin support.

Mobile-first Solana wallet focused on simplicity.

Personal finance app on stablecoin rails — yield, swaps, and the Fuse card.

Self-custody personal finance app on Solana — yield, swaps, and onchain identity.

Passkey-secured Solana wallet — create tokens, NFTs, and payments in seconds.

DEX & Swaps

Aggregators and AMMs for trading between stablecoins.

5

Leading Solana DEX aggregator routing every stablecoin pair.

AMM and liquidity provider for stablecoin pools.

Concentrated liquidity AMM (Whirlpools) with deep stablecoin pairs.

Dynamic liquidity pools (DLMM) and stablecoin vaults.

DEX for Flipcash currencies — priced by the on-chain Reserve Contract, settled in USDF.

Lending & Yield

Earn yield on stablecoins or borrow against them.

6

Stablecoin savings app routing to the best Solana yields.

Liquidity, leverage, and lending hub for stablecoins.

Lending protocol and liquid staking with USDC borrow/lend.

Perps and spot DEX with stablecoin borrow/lend markets.

Decentralized lending (formerly Solend) with USDC and USDT markets.

Lending vaults powering Jupiter's earn products.

Payments

Merchant checkout, invoicing, and consumer payments.

3

Stablecoin payment infrastructure for merchants and platforms.

Crypto checkout and pay links — acquired by MoonPay.

Open payments protocol for QR-based stablecoin checkout.

Cards

Debit cards that spend your stablecoins anywhere Visa is accepted.

4

Visa card that spends your Solana stablecoins.

Stablecoin-native card issuing platform powering Visa spend on Solana balances.

Cards and global spend rails that settle directly from stablecoins.

Spend stablecoins straight from your wallet with the Jupiter card in Jupiter Mobile.

Neobanks

App-first money accounts to hold, spend, and earn on stablecoins.

4

Consumer neobank with stablecoin balances and card spend.

Cash app on Solana — issuer of USDF.

Consumer finance app on Solana — earn yield on stablecoins and spend them.

Global money app powered by stablecoins — hold, spend, and send worldwide.

On / Off-ramps

Move between fiat and stablecoins.

9

Global fiat-to-stablecoin on-ramp integrated across Solana apps.

Card and ACH on/off-ramps with instant stablecoin settlement.

Solana-native on/off-ramp for USDC and USDT with bank and card payouts in 100+ countries.

Fiat on/off-ramp supporting Solana USDC via cards, bank transfers, and Apple Pay.

On-ramp aggregator routing to the best rates across providers, with Solana support.

Embeddable fiat-to-crypto on-ramp with first-class USDC-on-Solana support.

Coinbase Onramp

Coinbase's embeddable on-ramp for buying USDC on Solana with fiat.

Compliant fiat on/off-ramp with local payment methods and Solana settlement.

Fiat on/off-ramp and wallet infrastructure with Solana stablecoin support.

Payroll & Treasury

Stream salaries, manage treasuries, and vest tokens.

4

Token vesting, streaming payroll, and airdrops.

Multisig and smart accounts securing stablecoin treasuries.

Programmable stablecoin payments with ACH, SEPA, and SWIFT rails.

Financial OS for businesses — global accounts, stablecoin & bank rails, APY on balances, and a CFO stack.

Bridges

Move stablecoins between Solana and other chains.

4

Cross-chain stablecoin bridge with native Solana support.

Generic message protocol used by USDC CCTP and many bridges.

Cross-chain swap aggregator with one-click stablecoin transfers.

High-performance cross-chain transfers and messaging.

Missing a project? Reach out on X (@stablesonsolana).