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Lightspeed Cross-Post: The State Of Solana With Carlos Gonzalez Campo

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Stablecoins and DeFi: Solana vs. Ethereum

This chapter explores the struggles of the Solana ecosystem in attracting stablecoin liquidity, contrasting its performance with Ethereum's dominance in decentralized finance (DeFi). It evaluates the complexities and challenges of stablecoin utilization on Solana, including user engagement and total value locked (TVL). The discussion also highlights potential use cases and the impacts of market fluctuations, raising questions about the long-term viability of Solana in the stablecoin landscape.

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