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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 $72.84B and 121 chain deployments, paying a vetted APY of 8.02% as of Aug 20, 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$4.59B88$72.84B8.02%−0.020%
2USDT logoUSDTTether$2.45B76$183.01B4.63%−0.033%
3USDS logoUSDSSky Dollar$2.32B88$6.71B6.00%−0.009%
4USDE logoUSDEEthena USDe$1.50B73$4.08B4.50%−0.013%
5M logoMM by M0$1.06B73$260.91MNAV
6AUSD logoAUSDAgora Dollar$646.67M71$234.56M6.88%−0.018%
7USDG logoUSDGGlobal Dollar$438.01M92$3.40B4.99%+0.015%
8DAI logoDAIDai$344.99M81$4.76B2.17%+0.007%
9PYUSD logoPYUSDPayPal USD$325.61M92$2.78B7.21%+0.011%
10USD1 logoUSD1World Liberty Financial USD$303.66M81$4.00B8.78%−0.021%

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.