Solana Co-Founder: Stablecoins are the clear focus right now, and Solana aims to compete for as much market share as possible

**Solana Co-Founder Anatoly Yakovenko (Toly) Addresses Breakpoint Conference** On December 11, Solana co-founder Anatoly Yakovenko (known as Toly) told attendees at the Solana Breakpoint Conference that growth hinges on building products people actually need. Stablecoins are the current clear priority, he noted—with an expected $1 to $10 trillion in stablecoins moving on-chain, powering the tokenization and on-chain shift of roughly $500 trillion in global assets. Toly added that public blockchains and cryptography (which deliver strong property rights protection) don’t clash with free-market capitalism or Wall Street logic—they complement them. By using software to cut out flaws and risks, these tools can expand Wall Street’s financial scale faster. He emphasized stablecoins are focused on growth, not replacing the U.S. dollar. Layer 1 (L1) networks, especially proof-of-stake (PoS) ones, have clear value capture mechanisms, he said. Solana’s goal? Grab as much market share as possible in this space.