Solana stablecoin transfer volume hits record monthly high of $300B

There has already been more than $300 billion in stablecoin transfer volume in January, eclipsing December’s volume.

The transfer volume of stablecoins on the layer-1 Solana blockchain has steadily increased, hitting a new record in January.

According to blockchain analytics platform Artemis, stablecoin transfer volume on Solana already exceeded $300 billion in January.

The figure has already eclipsed the $297 billion in Solana stablecoin transfer volume for December 2023.

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Source: https://cointelegraph.com/news/solana-stablecoin-transfer-volume-record-monthly-high