Solana moves $650B in stablecoins onchain in one month, surpassing Ethereum

• Solana processed a record $650 billion in stablecoin transactions in February 2026, surpassing Ethereum and doubling its previous monthly record.
• Key drivers included the launch of JupUSD (backed by BlackRock's BUIDL fund) and significant on-chain activity from institutions like BlackRock and Citigroup.
• The growth of non-USDC/USDT stablecoins and increasing institutional involvement highlight Solana's expanding ecosystem and competitive positioning.

Topics: Asset types, Scalability, Institutional adoption, Stablecoins digital cash, Growth metrics, Asset manager initiatives

Tags: #solana #stablecoins #ethereum #blackrock #jupusd #citigroup #westernunion #defi #institutionaladoption #transactionvolume

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