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Solomon Labs’ USDv Stablecoin Market Cap Reaches $7.7 Million
USDv’s market capitalization increased from about $1 million in mid-September, while a market snapshot showed no recorded trading volume.

Solomon Labs’ USDv stablecoin reached a market capitalization of $7.7 million on Oct. 7, up from about $1 million in mid-September, while a market snapshot showed no recorded trading volume.
USDv is designed to maintain a peg to the U.S. dollar. Solomon Labs launched the stablecoin on Solana through Sunrise on Sept. 23, with Raydium as the liquidity venue.
The latest market snapshot recorded no trading volume for USDv alongside the $7.7 million market-capitalization figure.