In the fast-paced world of cryptocurrency, stablecoins play a crucial role as the steady anchors amid volatile markets. They're digital assets pegged to stable fiat currencies like the US dollar, making them essential for trading, lending, and everyday transactions in the blockchain space. Recently, Token Terminal, a leading analytics platform for crypto fundamentals, shared an eye-opening chart on X (formerly Twitter) highlighting the top blockchains by natively minted stablecoin supply. Natively minted means these stablecoins are created directly on the chain, not bridged from elsewhere, which signals strong ecosystem adoption and liquidity.

위 차트(2025년 9월 11일 기준)를 보면 세 개의 강자가 눈에 띕니다: Ethereum, Tron, Solana. 각 체인 모두 네이티브 발행 스테이블코인 규모가 100억 달러를 넘는 것으로 표시됩니다. Ethereum이 약 1,600억 달러로 1위를 차지하고, Tron은 약 600억 달러, Solana는 대략 30억 달러 정도로 보입니다—잠깐만요, 자세히 보면 Solana의 막대가 Tron보다 작지만 여전히 '100억 달러 이상'에 해당한다고 했나요? 실제로 시각자료를 다시 확인하면 Solana는 2~3억 달러대에 더 가깝게 보이지만, 트윗은 세 체인이 모두 100억 달러 이상이라고 명시하고 있어 업데이트나 스케일 표기의 차이일 수 있습니다. Arbitrum One, Base, BNB Chain, Avalanche, Aptos 등 다른 체인들은 각각 50억 달러 미만으로 크게 뒤처져 있습니다.

이런 지배력은 단순한 그래프상의 숫자 이상으로, 특히 밈 토큰 커뮤니티에겐 매우 중요한 의미를 가집니다. 밈 토큰(인터넷 문화에서 영감을 받은 커뮤니티 주도의 코인들, 예: Dogecoin 또는 Solana상의 PEPE나 BONK 등)은 높은 유동성과 낮은 거래 마찰에 의존해 번성합니다. 스테이블코인은 이러한 기반을 제공해 사용자가 급격한 가격 변동 없이 자유롭게 스왑할 수 있게 합니다.

Why Ethereum Reigns Supreme

Ethereum, the OG of smart contract platforms, has long been the go-to for stablecoins like USDT and USDC. Its massive supply reflects years of DeFi innovation, from lending protocols to decentralized exchanges. For meme token creators and traders, this means robust infrastructure—launching an ERC-20 meme coin on Ethereum gives instant access to deep stablecoin pools. However, high gas fees can be a buzzkill, pushing some to layer-2 solutions like Arbitrum or Base, which are also featured in the chart but with much smaller supplies.

Tron's Under-the-Radar Power

Tron often flies under the radar in Western crypto circles, but its $60 billion in stablecoins tells a different story. Founded by Justin Sun, Tron is known for ultra-low fees and high throughput, making it a favorite for USDT transfers, especially in emerging markets. One reply to the tweet pondered: "Tron up there at $10B in stablecoins but we never hear anyone talk about it. Makes you wonder what's actually going on with that chain." Indeed, much of Tron's activity is tied to global remittances and possibly Asian markets. For meme tokens, Tron hosts its share, like SUN or other TRC-20 based fun coins, but it's not the meme hotspot Solana is. Still, that liquidity could fuel cross-chain meme plays via bridges.

Solana's Meme-Friendly Surge

Solana, with its blazing-fast speeds and cheap transactions, has become the darling of the meme token world. Projects like Pump.fun make launching memes a breeze, and stablecoins are key to that ecosystem. Even if the chart shows Solana lower than the others (perhaps the tweet rounds up or references total supply including bridged), its growth is explosive. Stablecoins like USDC on Solana enable seamless trading on DEXes like Raydium or Jupiter, where meme tokens rack up billions in volume. If you're into memes, Solana's stablecoin presence means more capital flowing in, potentially pumping your favorite cat or dog coin.

What About the Others?

The chart also spotlights up-and-comers like Aptos, which one reply cheekily called "for stables." Aptos, with its Move language from ex-Facebook engineers, is pushing for more stablecoin adoption. Avalanche and BNB Chain have their niches in gaming and Binance's ecosystem, respectively, but their smaller supplies suggest room for growth. For meme hunters, keep an eye on Base—Coinbase's layer-2 on Ethereum—which has seen a meme explosion lately, despite modest stablecoin figures here.

This data from Token Terminal underscores a maturing crypto market where stablecoins are the lifeblood. As meme tokens continue to capture imaginations (and wallets), chains with strong stablecoin support will likely see the most action. Whether you're trading, building, or just HODLing, understanding these dynamics can give you an edge in the meme game.

Stay tuned to Meme Insider for more breakdowns on how blockchain trends intersect with the wild world of memes. What's your take—will Solana overtake Tron next? Drop your thoughts below!