Solid week for stablecoins on Solana! @DeFiCarrot and @withAUSD launching a $1M borrow cap CRT Boost, filled in 17 minutes. @fslweb3 bringing $GGUSD to Solana ecosystem. @KaminoFinance adjusted its USDC interest rate curve to lower borrow rates and improve stability for large borrowers. With $65M+ in borrow capacity and $2.8B+ in total volume, it’s already Solana’s most-used stablecoin market. @KaminoFinance fueling USDG adoption, distributing $280K+ in monthly rewards, with $200K+ going to lending incentives. @Circle minted $750M in USDC on Solana, bringing total supply to $7.79B. What exciting Solana stablecoin updates did I miss? 👀 Do share below👇
35.81K
136
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.