TLDR: USD1 stablecoin surged to a $2.2B market cap in under 90 days, one of the fastest climbs ever recorded Solana now hosts $11.9B in circulating stablecoins including USDt, USDC, PYUSD, FDUSD, USDS, and the new USD1 USD1 launched with immediate integrations across Solana’s DeFi apps Raydium, Kamino, and Bonk for liquidity and lending Stablecoin [...] The post USD1 Stablecoin Hits Solana After Rapid $2.2B Market Cap Surge appeared first on Blockonomi.TLDR: USD1 stablecoin surged to a $2.2B market cap in under 90 days, one of the fastest climbs ever recorded Solana now hosts $11.9B in circulating stablecoins including USDt, USDC, PYUSD, FDUSD, USDS, and the new USD1 USD1 launched with immediate integrations across Solana’s DeFi apps Raydium, Kamino, and Bonk for liquidity and lending Stablecoin [...] The post USD1 Stablecoin Hits Solana After Rapid $2.2B Market Cap Surge appeared first on Blockonomi.

USD1 Stablecoin Hits Solana After Rapid $2.2B Market Cap Surge

2025/09/02 04:01
3 min read

TLDR:

  • USD1 stablecoin surged to a $2.2B market cap in under 90 days, one of the fastest climbs ever recorded
  • Solana now hosts $11.9B in circulating stablecoins including USDt, USDC, PYUSD, FDUSD, USDS, and the new USD1
  • USD1 launched with immediate integrations across Solana’s DeFi apps Raydium, Kamino, and Bonk for liquidity and lending
  • Stablecoin supply grew more than 200% year-over-year, marking a banner year for digital dollar adoption in crypto markets

A new dollar-backed stablecoin is moving quickly into the spotlight. USD1, created by World Liberty Financial, has expanded at an unusual speed.

In just 90 days, its market cap has reached $2.2 billion. The token has now launched on Solana, a network already hosting billions in stablecoin activity. The move adds fresh liquidity to a blockchain known for speed and low fees.

USD1 Stablecoin Expands to Solana

According to data shared by Solana’s official account, USD1 is redeemable on a one-to-one basis with the U.S. dollar. The token has entered the market with rapid growth, becoming one of the fastest-growing stablecoins in history.

Solana currently supports $11.9 billion in circulating stablecoins, according to Artemis data from August 1, 2025. That pool includes familiar names such as Tether’s USDt, Circle’s USDC, PayPal’s PYUSD, and First Digital’s FDUSD. USD1 now joins the list.

The addition comes at a time when stablecoin supply has grown more than 200% compared to the previous year. Market participants continue to seek reliable dollar exposure within decentralized finance.

World Liberty Financial stated in a post that USD1 is designed for internet capital markets. The token is built to function on a high-speed network, giving users faster execution and permissionless access.

Integrations Strengthen USD1’s Entry

On launch day, USD1 rolled out integrations across Solana’s DeFi ecosystem. Raydium Protocol enabled deep liquidity pools for trading and exchanging the token. Kamino Finance opened borrowing and lending markets, bringing utility to holders.

Bonk’s bonding curve platform also integrated USD1, linking the dollar-backed asset with one of Solana’s most active meme token communities. These integrations aim to ensure liquidity and adoption from the start.

World Liberty Financial emphasized that USD1 is backed fully by reserves, maintaining redemption at par with the U.S. dollar. The group added that Solana’s infrastructure matches the pace of global trading, app launches, and capital movement.

Solana’s account described the launch as part of a larger trend, where dollar-denominated assets are reshaping crypto markets. The network continues to see growing demand for stablecoins as users opt for faster settlement.

The post USD1 Stablecoin Hits Solana After Rapid $2.2B Market Cap Surge appeared first on Blockonomi.

Market Opportunity
Bonk Logo
Bonk Price(BONK)
$0.000006417
$0.000006417$0.000006417
+1.47%
USD
Bonk (BONK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…
Share
BitcoinEthereumNews2025/09/18 03:14
Vitalik Buterin Backs an Altcoin Focused on Privacy and Finality

Vitalik Buterin Backs an Altcoin Focused on Privacy and Finality

Vitalik Buterin has quietly reinforced his long-standing view that privacy remains core to crypto’s future, backing a major Zcash consensus upgrade at a moment
Share
Ethnews2026/02/07 17:58
Strategy’s Balance Sheet Safe Unless Bitcoin Drops Below $8K, CEO Says

Strategy’s Balance Sheet Safe Unless Bitcoin Drops Below $8K, CEO Says

TLDR Strategy’s CEO claims balance sheet is safe unless Bitcoin stays below $8K for five years. Charles Hoskinson loses $3 billion in crypto but has no plans to
Share
Coincentral2026/02/07 18:34