2026-01-08 04:28:27

The stablecoin ecosystem on the Solana chain has been making significant moves recently. Over the past 24 hours, the total market capitalization has increased by $900 million, now reaching a scale of $15.3 billion. The main driver behind this growth is the collaboration between Jupiter and Ethena—they jointly launched JupUSD, a new synthetic stablecoin product.

In the stablecoin camp on Solana, USD-pegged USDC remains the absolute dominant player, with a market share of over 67%, maintaining a crushing level of dominance. As the Solana ecosystem continues to evolve, the role of stablecoins is becoming increasingly critical—they are the infrastructure for on-chain liquidity and transaction settlement, and their importance is self-evident.

From a macro perspective, industry analysis firm Moody’s data is even more interesting. They predict that by 2025, the settlement transaction volume of stablecoins will grow by 87%. This not only reflects the rising demand for stablecoins but also highlights their key position in the new track of tokenizing real-world assets. Overall, stablecoins are no longer just supporting roles in exchanges but are becoming vital pillars for the expansion of the entire ecosystem.

SOL1,53%

JUP0,79%

ENA1,21%

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BugBountyHunter

· 01-09 05:23

Another new stablecoin? Can JupUSD break through USDC's 67% market share? Feels unlikely. --- $900 million a day, the SOL ecosystem is really accelerating this wave. --- Stablecoins are no longer just supporting roles; now they are the main course. --- 87% growth forecast... If it really happens, 2025 will be crazy. --- USDC's dominance is so fierce, what makes JupUSD think it can share a slice? --- Tokenization of real-world assets, stablecoins are indeed the key infrastructure. --- A scale of 15.3 billion sounds impressive, but how does it compare to other chains? --- Jupiter's move is quite interesting; can the partnership with Ethena turn the tide?

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Token_Sherpa

· 01-08 04:58

lol another synthetic stablecoin drop... when will they learn that velocity traps don't magically disappear with better branding? JupUSD's just USDC with extra steps and a governance token nobody asked for

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TradingNightmare

· 01-08 04:54

JupUSD is back at it, but honestly, how to break the 67% share of USDC? It feels like adding more stablecoins is just running alongside the pack. The Solana ecosystem definitely needs liquidity, but with such a crowded stablecoin race, how many will actually survive? A $900 million daily growth sounds impressive, but what happens when the news cycle passes? That’s why I’m losing money every day haha. If stablecoins are really so crucial, why worry about de-pegging every day? That’s hilarious. 87% growth by 2025? Then I should be rushing in now to grab the chips... Wait, I’m here to lose money.

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AirdropJunkie

· 01-08 04:53

JupUSD is joining the fun again, but to be honest, USDC's 67% share is a bit scary. Stablecoins are increasing by 900 million a day, now that's a real growth story. 87% growth by 2025? If that number can really be achieved, I would go all in. The stablecoin ecosystem on Solana is indeed gaining momentum, and it's more exciting than on Ethereum. USDC's dominance feels a bit risky; more competition is needed.

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ser_aped.eth

· 01-08 04:41

JupUSD is here, another new coin? Solana's ecosystem really knows how to play around. --- USDC holds 67% market share, the pressure to dominate is quite intense. Do other stablecoins still have a chance? --- Wait, $900 million growth in one day? Is this data accurate? It feels incredibly fast. --- Stablecoins are shifting from supporting roles to infrastructure. I believe in the 87% growth by 2025. --- Another partnership and new product. Is Jupiter aiming to monopolize Solana? --- With USDC's 67% share, even JupUSD will have to slowly chip away at it. --- Tokenized RWA (Real World Assets) stablecoins are indeed crucial, but does the market really need so many stablecoins? --- The Solana stablecoin ecosystem is so hot, Circle should be worried. --- Can JupUSD shake up USDC's position? It seems quite challenging.

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BearMarketBro

· 01-08 04:38

JupUSD is causing trouble again, but honestly, the 67% share of USDC is really tightly locked in. --- The growth of the stablecoin ecosystem this time is a bit superficial; true liquidity is still concentrated in a few top players. --- Wait, are synthetic stablecoins now so competitive? --- The 87% growth in 2025 sounds good, but it depends on actual implementation—don’t let it just be empty talk. --- On Solana, stablecoins are indeed active, but their competitiveness still doesn’t seem to surpass that of Ethereum. --- Suddenly emerging JupUSD, betting that no one will use it after a month. --- The situation where USDC dominates probably can’t be broken in the short term unless the Solana ecosystem really sees some new major applications.

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MevSandwich

· 01-08 04:30

JupUSD is back again. It seems the Solana stablecoin arms race really can't stop. USDC's 67% share is so solid—what makes newcomers think they can get a piece of the pie? An 87% increase sounds great, but can it really be implemented... Stablecoins are already infrastructure—who can argue with that? Another new coin—let's see next year how many are still around.

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