Solana Co-Founder: Stablecoins are the current clear focus, and Solana will seek to capture as much market share as possible in the competition

BlockBeats News, December 11, Solana co-founder Anatoly Yakovenko stated at the Solana Breakpoint Conference that the core of achieving growth is to continuously build products that people need. He emphasized that stablecoins are currently a clear direction, expecting to see stablecoins ranging from 1 to 10 trillion U.S. dollars on-chain in the future, driving the gradual tokenization and on-chainization of around 500 trillion U.S. dollars of global assets.

Toly mentioned that the strong property rights protection brought by public blockchains and cryptography is not in conflict with free-market capitalism and Wall Street logic, but rather complements them by using software to eliminate faults and risks to achieve scalability at a faster pace. He stressed that stablecoins are about expansion rather than replacing the U.S. dollar, and that Layer 1, especially PoS networks, have a clear value capture mechanism. Solana aims to capture the largest possible share in this competition.