Author: Jae, PANews
On March 19, Solana's stablecoin supply officially crossed the historic threshold of $17 billion.
This figure not only set a new record for the Solana network, but also reflects the resilience of its ecosystem expanding against the trend during the bear market, marching toward the goal of "Internet Capital Markets."
Behind the $17 billion is no longer driven by simple MEME coin speculation, but rather the result of policy dividends, Wall Street institutional integration, and ecosystem synergy effects.
From Stripe to PayPal, from Visa to BlackRock, tech giants from Wall Street and Silicon Valley are influencing Solana's development with real money.
From $1.5 billion to $17 billion, a steep recovery
Japanese financial group SBI Holdings' SBI VC Trade will launch USDC lending services in 2026, providing users with annualized returns. This is Japan's first lending service targeting stablecoins, with an expected annualized interest rate of 5%. This service not only introduces new yield options but also expands the financial applications of stablecoins, demonstrating Japan's emphasis on the legitimacy and regulatory framework of stablecoins.