📌 $USDC Dominance on Solana Falls to 44% as Rival Stablecoins Surge – $USDC remains Solana’s largest stablecoin, but $USD1, $USDGO, $PYUSD, and other new dollar-backed tokens are rapidly expanding the market.
$USDC ,
On-chain data as of Sept 18, 2026 shows dominance on Solana sliding to 44% as rival stablecoins gain ground. New dollar-backed entrants like USD1, #USDGO and #PYUSD have rapidly expanded liquidity and market share, diversifying pools and yields. It remains the chain’s largest stablecoin, but competition is intensifying. #Macro Insights#