That's all for this week Merry Christmas everyone 🎁 See you next time

6. Stablecoin TVL Overtime: As you can see, USDC/USDT is reaching back to the 2020-2022 level in terms of market share.

5. Market Trends Money Market Dynamics: Money markets like Aave and MarginFi indicate an increasing appetite for leverage. Stablecoin APYs within these markets have been rising, reflecting a growing demand for leverage.

DEX Volume Growth: Stablecoins are crucial for DEX volume growth in Solana, as they allow users to enter or exit positions seamlessly.

4. Solana Ecosystem Stablecoin Utilization: Stablecoins, particularly USDC, are increasingly used in Solana for liquidity and leveraging. USDC transfers are on the rise within the network.

3. Market Dynamics USDC Stability: After a low in November, USDC's market cap has stabilized, benefiting from integration with Circle’s CCTP in the Cosmos ecosystem and expected growth in DeFi sectors, especially in Solana and emerging networks.

sUSD Supply Surge: Synthetix’s native stablecoin, sUSD, saw a 58% increase in supply, driven by structural changes in Synthetix and its SNX token.

2. New Stablecoins - aeUSD by Aevo - GYD by Gyroscope. Aevo’s aeUSD is a yield-generating stablecoin utilizing Maker’s Dai Savings Rate, whereas Gyroscope's GYD focuses on risk controls and reserve backing. In addition, GHO, crvUSD and FRAX have continue to innovate.

Solana also experienced significant growth in stablecoins, especially with USDC inflows nearing $150 million since December's start. This is anticipated to boost stablecoin growth within the ecosystem further.