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![Ruthycrypt Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1662116200648720386.png) Ruthie [@Ruthycrypt](/creator/twitter/Ruthycrypt) on x 1010 followers
Created: 2025-07-07 16:43:19 UTC

Stablecoins are quietly powering Solana DeFi.

Here's the latest Onchain supply ( as of July)

• USDC - 9.36B
• USDT - 2.39B
• PYUSD- 221M
• USDY -  163M
• sUSDe - 9.9M

USDC still leads, but Tether & Paxos are growing.

![](https://pbs.twimg.com/media/GvRODhcX0AAp0Ut.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1942263169927487582/c:line.svg)

**Related Topics**
[paxos](/topic/paxos)
[susde](/topic/susde)
[pyusd](/topic/pyusd)
[usdt](/topic/usdt)
[onchain](/topic/onchain)
[stablecoins](/topic/stablecoins)
[solana](/topic/solana)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/Ruthycrypt/status/1942263169927487582)