USDC minting on Solana
Circle continues significant USDC minting on Solana, with **$250 million added in May 2025** and **over $10 billion minted year-to-date**. This reflects strong demand driven by Solana’s speed (transactions under 400ms) and low fees, making it ideal for DeFi, payments, and institutional use. Regulatory compliance (MiCA) boosted USDC adoption in the EU, while integrations like Visa’s cross-border payments demonstrate real-world utility. Solana now hosts **34% of global stablecoin volume**, with USDC dominating its ecosystem (77% market share). This sustained minting reinforces Solana’s role as a leading blockchain for stablecoin liquidity and institutional activity.
