Published: October 14, 2025
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1/ $PYUSD deposits on Kamino have surpassed $400M—making it the fastest-growing stablecoin on Solana. From just $5M a month ago, growth has been exponential. Stablecoin season is happening on @solana 🧵

Image in tweet by Kamino

2/ This growth is fueled by the full Kamino stack. $PYUSD now delivers the best stablecoin yield on Solana—powered by $3M+ in combined $PYUSD monthly incentives and Season 4 $KMNO rewards. Full breakdown ⤵️

Image in tweet by Kamino

3/ $PYUSD has seen significant adoption on Kamino. It now accounts for over 30% of total stablecoin deposits, rising from nearly zero a month ago. This pace of growth reflects broader stablecoin momentum across Solana.

Image in tweet by Kamino

4/ Kamino now holds over 70% of all $PYUSD on Solana DeFi—$452M out of $628M total. That makes PYUSD the third-largest stablecoin on Solana by supply, behind only USDC and USDT. Scaled exclusively on Kamino.

Image in tweet by Kamino

@raikucom @solana yuuuuuge!

@kamino @solana $500m by breakpoint!

@MangoOnSOL @solana bare minimum 🤝

@kamino @solana The real story here isn’t just $PYUSD. It’s how Solana’s architecture enables stablecoins to actually move at the speed of the internet. $400M in deposits is just the first proof point.

@kamino @solana Let's go 🔥

@kamino @solana massive 🔥

@kamino @solana @grok how is a crypto stablecoin important for PayPal’s future business growth?

@kamino @solana But isn't that just bc you guys are using PSYUSD as a borrow for multiply lending? Users aren't choosing PSYUSD, Kamino is just using that automatically as the stablecoin for other products.

@kamino @solana Steady growth supported by effort.

@kamino @solana Hey Kamino can you please elaborate shortly how incentives are created? Is it sponzored by you or the token creator (Paypal)? Thank you

advanced trading view shipping soon internet capital markets on @solana Titan as the gateway

Image in tweet by Kamino

gm big day and big week what's happening today?

Image in tweet by Kamino

Dear algorithm, Please show this newsletter to every lion that SHIPPED a Big Week on SOLANA. As a post-leverage malaise settled in upon CT, the manlets simply kept shipping. Here's everything that happened this week in the ecosystem. Headline News - @Uniswap, crypto’s top

Image in tweet by Kamino

NEW: SOLANA RPC PROVIDER HELIUS SAYS "NONE OF THE CORE SOLANA OR HELIUS SYSTEMS WERE AFFECTED BY THE AWS OUTAGE TODAY"

Image in tweet by Kamino

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