Solana founder: Stablecoins are the trillion-dollar track

【Blockchain Rhythm】At the Breakpoint conference on December 11, Solana co-founder Anatoly spoke quite frankly—Want to survive? Then honestly do what users need.

His focus is very clear: stablecoins. According to his estimate, in the future, 1 to 10 trillion dollars’ worth of stablecoins will flood onto the chain. This is just the appetizer; behind it, there are about 500 trillion dollars’ worth of global assets waiting to be tokenized and brought onto the chain.

Interestingly, Toly’s perspective on this matter is quite unique. He believes that the ownership protection mechanisms developed by public chains and cryptography are not at odds with Wall Street’s free-market capitalism; instead, they are complementary—using code to plug vulnerabilities and risks in the system, allowing the financial system to run faster and expand wider.

In his view, stablecoins are not here to undermine the dollar’s dominance but to help expand its territory. As for Layer 1 public chains, especially PoS ones, the path to capturing value is already quite clear. Solana now just aims to seize as much market share as possible in this competition.