The stablecoin market is experiencing explosive growth. The latest data shows that since 2025, the total market capitalization of stablecoins has skyrocketed from $205 billion at the beginning of the year to $300 billion. This reflects not just a numbers game but a profound transformation of the entire financial infrastructure.



The emergence of smart contracts has rewritten the rules of the game. Traditional banks rely on manual reconciliation to ensure fund security, which is inefficient and costly. Now, "coding permissions" are taking over this role, solving trust issues in fund access and cross-border transfers through transparent, verifiable methods. The revolution regarding "the currency itself" has just begun.

Regarding the efficiency of stablecoin transfers, Solana(SOL) has become an unavoidable topic. The volume of stablecoin transfers on the SOL chain has surpassed Ethereum multiple times. With ultra-high TPS and nearly zero transaction fees, it has become the preferred public chain for stablecoin applications. As a frequent top three in contract holdings, SOL's technical barriers are continuously strengthening as the stablecoin ecosystem expands.
SOL-0.54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
SocialAnxietyStakervip
· 9h ago
Sol has really taken off this time, and the battlefield for stablecoins is all about speed and cost. The traditional banking system should have been phased out long ago; blockchain is much more efficient than manual reconciliation. A market cap of 300 billion... this is just the beginning, and there seems to be room for growth. Solana's TPS advantage is indeed solid; Ethereum needs to step up. Honestly, I'm still a bit concerned about the concept of coding permissions. Is it really that secure?
View OriginalReply0
MoodFollowsPricevip
· 10h ago
Sol has really taken off this time, but what are ETH holders still waiting for? Who can resist Solana's overwhelming TPS advantage? The near-zero transaction fees have directly cut off the traditional financial livelihood. 300 billion stablecoins? It feels like the real financial revolution is just beginning. Replacing manual reconciliation with coding permissions sounds impressive, but is it really reliable? The transfer volume on the Solana chain surpassing ETH has been evident for a while; it's a bit late to mention it now. The stablecoin market is taking off, but who will bear the risks? Coding equals permissions—this concept is going crazy.
View OriginalReply0
ChainWanderingPoetvip
· 10h ago
Solana has truly benefited from this wave of gains, while ETH is still hesitating and dragging its feet. --- Is the stablecoin market reaching 300 billion? It feels like the real entry point is just around the corner. --- Smart contracts taking over bank reconciliations sound great... but who will reconcile the smart contracts? --- Solana's TPS blows away ETH; this time, no exaggeration. --- Cross-border financial infrastructure? Or is it just a different way of bookkeeping, haha. --- The cost of cross-border transfers approaching zero... If this really becomes widespread, traditional banks will face mass unemployment. --- The term "coding permissions" is used well, but the problem is most people can't understand code at all. --- The transfer volume of stablecoins on the SOL chain surpasses ETH. Where does this data come from? Is there a source? --- Another stablecoin and smart contract story—easy to say, but large-scale application is still a long way off. --- Top three in contract holdings... Feels like SOL is just eating the crumbs left over from the big pie.
View OriginalReply0
ponzi_poetvip
· 10h ago
SOL has really taken off, and this wave of stablecoin dividends is firmly in our grasp.
View OriginalReply0
NFTragedyvip
· 10h ago
Sol really took off this time, but what is ETH still stubbornly holding on for? The stablecoin growth is so fast, banks must be panicking haha Coding authority taking over finance? Sounds very sci-fi, but I still find it a bit hard to believe The 300 billion figure looks great, but I just don't know how long it can last Sol's TPS crushing ETH is a fact, but the ecosystem still lags behind, don't hype it up too much
View OriginalReply0
BoredApeResistancevip
· 10h ago
SOL has indeed taken off this time, but those ETH folks are still hyping up elegance haha Traditional banks have been proven wrong. Manual reconciliation is really like an antique compared to smart contracts. Stablecoins have surpassed 300 billion. This number looks a bit outrageous. Could it be the next bubble? The concept of coding permissions is new, but trust—this thing can't be guaranteed just by code. SOL's TPS showcase was a bit over the top. By the way, how are the Ethereum ecosystem people reacting?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt