# Solomon Labs’ USDv Stablecoin Market Cap Reaches $7.7 Million

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27620
Published: 2026-10-07T20:15:37.000Z
Updated: 2026-10-07T20:15:37.000Z
Section: Investing

> 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](<https://www.tokenpost.com/news/investing/23918>).

The latest market snapshot recorded no trading volume for USDv alongside the $7.7 million market-capitalization figure.

## Links in this article

- [Raydium as the liquidity venue](https://www.tokenpost.com/news/investing/23918)