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What is the best stablecoin on Solana?

Solana settles dollar transfers in under a second for fractions of a cent, but only a handful of stablecoins have real depth there. Ranked by tracked on-chain liquidity on Solana pools, restricted to tokens actually deployed on the chain.

Short answer

USD Coin (USDC) currently tops this list with a safety score of 88/100, market cap of $74.16B and 117 chain deployments, paying a vetted APY of 8.06% as of Oct 5, 2026.

Ranked by on-chain liquidity among stablecoins deployed on Solana — updated daily.

Best stablecoin on Solana in 2026, ranked by liquidity & safety — usd.net
#AssetLiquiditySafetyMarket capVetted APYPeg deviation
1USDC logoUSDCUSD Coin$4.31B88$74.16B8.06%−0.010%
2USDE logoUSDEEthena USDe$2.24B72$4.91B4.75%−0.048%
3USDS logoUSDSSky Dollar$2.05B88$6.85B5.60%−0.016%
4USDT logoUSDTTether$1.96B76$184.02B5.67%−0.019%
5M logoMM by M0$1.18B73$196.20M—NAV
6USDG logoUSDGGlobal Dollar$774.72M93$3.10B5.00%+0.000%
7PYUSD logoPYUSDPayPal USD$459.68M93$2.90B6.65%−0.010%
8DAI logoDAIDai$293.96M80$4.80B4.81%−0.012%
9USD1 logoUSD1World Liberty Financial USD$279.74M80$4.44B1.22%−0.032%
10AUSD logoAUSDAgora Dollar$265.90M70$249.06M6.70%−0.022%

Frequently asked

+ What is the best stablecoin on Solana?

The token at the top of the table above has the deepest tracked on-chain liquidity on Solana today, which is the best proxy for whether you can exit a position at size without moving the price.

+ Are stablecoins on Solana safe?

Safety depends on the issuer and reserves, not the chain. The safety score column reflects the token itself — Solana adds smart-contract and bridge risk on top for any wrapped or bridged variant.

+ Which stablecoin has the most native supply on Solana?

Check the market cap column above alongside the chains link on each asset page — market cap here is global, and the asset page breaks out how much of that supply actually sits on Solana versus bridged in.