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Kamino: USDG Becomes the Sixth Largest Stablecoin in Solana Ecosystem After 5 Months, Total Circulation Reaches 120 Million, Highest Asset for Platform Lending Rate
Summary: According to reports, Kamino officially announced on X platform that after 5 months, USDG has become the sixth largest stablecoin in the Solana ecosystem, with a circulation of 120 million USD, of which 75 million USD is deployed in Kamino Lend. Kamino rewards over 280,000 USD monthly, with over 200,000 USD used for lending to ...
According to reports, Kamino officially announced on X platform that after 5 months, USDG has become the sixth largest stablecoin in the Solana ecosystem, with a circulation of 120 million USD, of which 75 million USD is deployed in Kamino Lend. Kamino rewards over 280,000 USD monthly, with over 200,000 USD used for lending to promote active usage rather than passive deposits. Currently, out of the provided 80 million USD, nearly 60 million USD is lending funds, making USDG the highest asset for lending rate on Kamino.
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Link: Kamino: USDG Becomes the Sixth Largest Stablecoin in Solana Ecosystem After 5 Months, Total Circulation Reaches 120 Million, Highest Asset for Platform Lending Rate [Copy]
