Pump.fun lets creators launch against USDC instead of SOL

Why a stablecoin pair at all

SOL's own price movement had quietly broken the maths. The Crypto Times reported that SOL-denominated pools had drifted down to starting market caps around $2,000 with bonding completing near $30,000 — meaning the same curve meant something different every week depending on what SOL did.

The USDC option fixes the denominator. New pools start at $4,000 and bond at $58,783, a fixed dollar ladder that does not move when the quote asset does. Cryptopolitan noted that existing SOL pairs are untouched and the two options simply coexist.

Coin creators can now choose to launch tokens with USDC-paired liquidity pools, aiming to provide greater stability, improved token distribution, and higher ceilings.

Pump.fun, via The Crypto Times

The cost of stability

• Starting market cap: $4,000 (USDC) vs ~$2,000 drift on SOL pairs
• Bonding threshold: $58,783
• Cost to bond: roughly 67% higher than a SOL pair
• First 30% of supply: $1,682 in USDC vs $998 in SOL
• Revenue split unchanged: 50% still funds PUMP buyback-and-burn

What it means for degens

A higher bonding bar filters launches — fewer coins graduate, and the ones that do arrive with more real capital behind them. It also raises the cost of the spray-and-pray deploy, which is either healthy or hostile depending on which side of the launch you sit on.

The Crypto Times said reaction was mixed, with some traders welcoming the stability and others arguing it reduces accessibility and chips away at SOL's role inside the launchpad.