The stablecoin USDG has reached a market capitalization of over $3 billion, driven by the issuance of nearly $700 million in new USDG on the Solana network, according to Dune dashboard data from entropy_advisors. Concurrently, the market cap of USDe on Solana experienced a significant surge, skyrocketing from $3.5 million to $70 million in just one day, marking a 20-fold increase.
USDG Market Cap Surpasses $3 Billion; USDe on Solana Jumps 20x
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