In a one-persona tweet — “1T” — Solana cofounder Anatoly Yakovenko can also simply occupy correct dropped one of many year’s finest ahead-taking a look statements in crypto. The message used to be easy, but the timing used to be every little thing.
The worldwide stablecoin market has correct handed an all-time high of $255 billion. While you look more closely on the records, it’s probably you’ll perhaps peep why the trillion-buck milestone would possibly perhaps perhaps now not be as a long way off because it looks.
Tether (USDT) is top of the list with a market cap of $155.9 billion, adopted by USDC at $61.2 billion, but the level of hobby is now on where that quantity is inviting — and that’s where Solana steps in.
1T https://t.co/JoRGhcTb1w
— toly 🇺🇸 (@aeyakovenko) June 20, 2025
On its possess, the stablecoin market cap has hit $10.6 billion on Solana, with USDC making up a whopping 70.5% of that. It is unexcited a key a part of the stablecoin depart puzzle. USDC, PYUSD and even FDUSD are spreading across Solana’s rails, exhibiting it’s a long way rarely correct an Ethereum sport anymore.
Newbies savor First Digital USD (FDUSD) and Solayer USD (sUSD) are picking Solana as their essential issuance network too. The list is terribly long, with names savor PayPal USD, Ondo USD Yield and Sky Dollar.
Stablecoins taking bigger steps
Investigate cross-check the bigger picture, and it’s glaring that the regulatory landscape is inviting in prefer of stablecoins. The GENIUS Act, which used to be recently handed within the U.S., is going to make half of the market clearer and more stable.
That clarity is already getting the honour of institutional traders. JPMorgan, a $300 billion non everlasting treasury holder, used to be now now not so pondering about cryptocurrencies some time help, but now they are launching their very possess JPMD stablecoin for corporate clients.
With banks going in tokenized T-bills, Circle’s IPO gaining traction with a 1,000% produce in precisely weeks and controlled issuers replacing dusky intermediaries, stablecoins are evolving right into a fully integrated, institution-grade product. If things attend going the system they are, Yakovenko’s “1T” prediction would possibly perhaps perhaps genuinely reach precise.
