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.
Crypto Briefing·
The partnership enhances Solana's DeFi ecosystem by integrating institutional-grade assets, potentially attracting more institutional capital. The post Centrifuge partners with Ethena to issue $200M in JAAA tokens on Solana appeared first on Crypto Briefing.
Read full article16.4B 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.
Binance Wallet SPCXx drew $557M from 27,689 wallets before allocations were canceled as xStocks couldn't source shares. Solana's RWA surge met limits.
Investor redemption pressures in private credit funds may trigger broader market liquidity issues, impacting risk assets like crypto and DeFi. The post Investors pull 13% from BlackRock private credit fund in Q1 appeared first on Crypto Briefing.
RWA perps hit $211B in May as equity-linked volumes jump 121%. DEX open interest nears 13.5% of crypto OI, signaling 24/7 equity exposure moving on-chain.
Coinbase's new vault lends USDC against Ethena-backed collateral for higher yields, marking the first product in the Coinbase-Ethena collaboration.
The Solana price has started to move again, with weekly gains above 4%. This recent Solana price trend comes at a time when the SpaceX IPO token, SPCX, has gone onchain on Solana. This new momentum has made market participants…
Three major crypto exchanges canceled their tokenized SpaceX IPO allocation campaigns Friday after xStocks could not source underlying shares, while rival onchain protocols from Ondo, xStocks' DeFi arm and Backpack launched successfully on the same morning.
SpaceX's IPO success highlights the growing intersection of traditional finance and blockchain, reshaping investment landscapes and strategies. The post SpaceX shares rise 11% above IPO price in Nasdaq debut as tokenized versions trade on Solana appeared first on Crypto Briefing.