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Paxos' Stablecoins (USDG & PYUSD) See Rapid Growth and Lead Major Market Cap Segment
12/04/2025, 22:06
12/06/2025, 23:06
AI SUMMARY
●USDG and PYUSD identified as fastest-growing stablecoins in $1B+ tier by Token Terminal.
●USDG holders on Solana doubled recently, while Ink network market cap surged 10x.
●Data highlights expanding adoption of regulated Paxos infrastructure.
On-chain data indicates significant growth for the Paxos-issued stablecoin USDG over the past two months. The number of holders on the Solana network has reportedly doubled during this period. Additionally, the stablecoin's market capitalization on the Ink network has increased approximately ten-fold.
[Update 1] Token Terminal data has identified Paxos-issued stablecoins, specifically PYUSD and USDG, as the fastest-growing assets within the $1 billion-plus market cap category. This trend suggests a shifting preference or increased adoption for Paxos's regulated stablecoin infrastructure, challenging incumbent issuers.