The market capitalization of stablecoins on the Solana blockchain surged by $900 million in 24 hours, reaching $15.3 billion. This increase was driven by Jupiter’s launch of JupUSD stablecoin on Solana. Circle’s USDC dominates Solana’s stablecoin ecosystem, comprising over 67% of the network’s total stablecoin market cap.

Stablecoin settlement volume rose by 87% in 2025, per Moody’s, showing their importance in onchain asset movement. They are crucial for tokenized real-world assets, enabling liquidity and settlement. The RWA market is predicted to hit $30 trillion by 2030, with overcollateralized stablecoins nearing $300 billion in market cap.

Under the GENIUS Act, signed into law in 2025, regulated payment stablecoins must be backed 1:1 by high-quality liquid assets, excluding algorithmic models. This law also bans stablecoin issuers from directly sharing yield with customers, sparking debates on the future role of banks.

Read more at Cointelegraph: Solana Stablecoin Market Cap Surges as RWA Market Grows