Record High Stablecoin Trading Volume on Solana in February, Reaching Approximately 102 Trillion Yen - Grayscale

Expansion in Both Supply and Utility

Zach Pandl, the head of research at major U.S. cryptocurrency asset management firm Grayscale, highlighted in the report 'The Stack' dated February 4th that February was a groundbreaking month for stablecoins on Solana (SOL).

According to data provider Allium, the trading volume reached $650 billion (approximately 102 trillion yen), more than doubling the previous record set in October last year, and was the highest of any blockchain last month...