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Estefano Gomez Solana USDC

Circle mints 250 million USDC on Solana in the last 24 hours

In this news:

Key takeaways

Circle minted 250 million USDC on the Solana blockchain in the last 24 hours.
The issuance uses native SPL USDC facilitated directly at Solana official address.
The fresh infusion builds on Solana USDC circulation surpassing $9 billion.

Circle has reportedly minted approximately 250 million USDC on the Solana blockchain within the past 24 hours, according to a social media post by @SolanaFloor.

This move involves the issuance of native SPL USDC, directly facilitated by Circle at Solana’s official USDC address. This infusion of stablecoin liquidity adds to the dollar-backed assets available on Solana, which had already seen its USDC circulation surpass $9 billion by April 2025.

The minting activity reflects ongoing developments in Solana’s ecosystem, which continues to be a platform for stablecoins and decentralized finance projects.

Source: cryptobriefing.com

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