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Robinhood-Backed USDG Stablecoin Surges 300% on Solana in Q3, Surpassing Ethereum

Robinhood-Backed USDG Stablecoin Surges 300% on Solana in Q3, Surpassing Ethereum

If you're diving into the world of meme tokens on Solana, you've probably noticed how liquidity can make or break a trade. That's where stablecoins come in—they're like the steady anchors in the volatile crypto seas, pegged to real-world assets like the US dollar to keep things stable. Recently, a tweet from Token Terminal highlighted some exciting developments with USDG, a stablecoin backed by the popular trading app Robinhood.

USDG has been on a tear on the Solana blockchain. In the third quarter of 2025, its supply skyrocketed by about 300%, pushing it ahead of its version on Ethereum. For context, Solana is a high-speed blockchain known for low fees and quick transactions, making it a hotspot for meme coin enthusiasts who love pumping tokens like dog-themed or cat-inspired projects. Ethereum, on the other hand, is the granddaddy of smart contracts but often gets bogged down by higher costs and slower speeds.

Chart showing USDG stablecoin supply growth on Solana versus Ethereum

Take a look at the chart above—it's straight from the tweet. The green line represents USDG on Solana, shooting up dramatically, while the white line for Ethereum stays relatively flat. This surge means more USDG is circulating on Solana, which could translate to better liquidity for trading meme tokens. Imagine swapping your favorite meme coin without worrying about slippage or high gas fees; that's the kind of edge Solana's ecosystem is gaining here.

Why is this a big deal for meme insiders? Stablecoins like USDG are often used as base pairs in decentralized exchanges (DEXs) on Solana, such as Raydium or Jupiter. With more supply, traders can enter and exit positions more smoothly, potentially fueling bigger pumps and more vibrant communities around meme projects. Robinhood's backing adds a layer of credibility too—it's not just some fly-by-night token; it's tied to a mainstream platform that's bringing normies into crypto.

Of course, this growth isn't happening in a vacuum. Solana's overall ecosystem has been booming, with meme tokens leading the charge in user engagement and transaction volume. If USDG continues this trajectory, it might encourage even more developers and traders to flock to Solana, creating a positive feedback loop for meme coin innovation.

Keep an eye on updates from sources like Token Terminal for the latest data. If you're building or trading meme tokens, understanding these stablecoin shifts could give you a real advantage in navigating the blockchain landscape. What's your take—will Solana keep outpacing Ethereum in the stablecoin race?

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