Solana ranks as top chain for stablecoin lending yields

Lending protocols like Jupiter Lend and Kamino are paying stablecoin depositors more than Ethereum and Arbitrum, with over $2.7 billion now in play If you park dollars on a blockchain, the best rates are now on Solana . Stablecoin lending yields on Solana ranged from 6.7% to 8% in recent cross-chain comparisons. Ethereum and Arbitrum hovered around 3% to 4.4%. For a corner of crypto built on boring, dollar-pegged tokens, that gap is anything but boring. Two protocols carry most of the weight. Kamino Lend held around $1.31 billion in total value locked, and Jupiter Lend held approximately $1.13 billion.

Source: Crypto Briefing