Stablecoins are starting to flow out of Solana after meme token peak

The Solana ecosystem grew its demand for USDC, as the Meteora DEX formed several highly liquid pairs. In the past week, Solana saw an outflow of $772M from both USDT and USDC, potentially signaling value extraction.

https://www.cryptopolitan.com/stablecoins-flow-out-of-solana-meme-peak/