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Solana’s $16B Stablecoin Base: Can Payments Liquidity Support the SOL Rebound?

16.4B stablecoins on Solana peaked in May 2026 as Circle minted $500M USDC and spot SOL ETFs crossed ~$1B AUM. How payments liquidity could shape SOL’s rebound.

Solana’s $16B Stablecoin Base: Can Payments Liquidity Support the SOL Rebound?