Circle has issued an additional 250 million USD of cryptocurrency USDC on the Solana Blockchain platform.
From 2025 to now, the total USDC issued by Circle on Solana has reached 17.5 billion USD, indicating significant expansion of this Stablecoin on a fast and efficient Layer 1 ecosystem.
MAIN CONTENT
Circle continues to expand USDC issuance on Solana with an additional 250 million USD.
Total USDC on Solana reaches 17.5 billion USD since the beginning of 2025.
This highlights Solana's advantages in the Stablecoin ecosystem.
How much USDC has Circle issued on Solana in 2025?
Providing information from the Onchain Lens analytics platform, Circle issued an additional 250 million USD USDC on the Solana Blockchain in July 2025. This is an important expansion in Circle's total issuance of the USDC Stablecoin on this ecosystem.
Since the beginning of 2025, the total issuance of USDC on Solana has reached 17.5 billion USD, confirming Circle's leading position in developing Stablecoins on a Layer 1 platform with fast transaction processing and low gas fees like Solana.
Why did Circle choose Solana to expand USDC issuance?
Circle's continuous issuance of USDC on Solana reflects confidence in the network's ability to handle fast transactions and low costs. Solana stands out with its capability to ensure large liquidity and effectively meet the demand for stablecoin transactions in the global market.
The issuance of 17.5 billion USD USDC on Solana demonstrates Circle's commitment to providing stability and flexibility to the global cryptocurrency ecosystem.
Jeremy Allaire, CEO of Circle, July 2025
What is the impact of the USDC issuance on Solana on the cryptocurrency market?
The huge amount of USDC on Solana not only increases liquidity but also enables DeFi applications and DApps to leverage stablecoins in transactions and DeFi. This also promotes lower transaction fees and enhances user experience.
Additionally, with a large total issuance, Circle reinforces its leading position in the Stablecoin sector, contributing to increased reliability for investors and financial institutions worldwide.
Comparing USDC issuance on Solana and other platforms
Blockchain Platform Total USDC Issued (from 2025) Notable Advantages Solana 17.5 billion USD Fast transactions, low fees, high scalability Ethereum Over 40 billion USD Largest DeFi ecosystem, secure network Polygon 5 billion USD Good Cross-Chain interoperability, low fees
Frequently Asked Questions
What is USDC and why is it issued on multiple blockchains?
USDC is a Stablecoin backed by US dollars to create stability. It is issued on multiple blockchains to increase accessibility, reduce costs, and enhance transaction efficiency.
Why does Circle prioritize Solana for USDC issuance?
Solana has fast transaction speeds and low costs, suitable for applications requiring high liquidity and optimal user experience, creating a competitive advantage for Stablecoins.
How does the issuance of USDC on Solana affect the market?
Increase liquidity, support DeFi development, and help projects build effective DeFi ecosystems, while enhancing investor trust.
How does the amount of USDC on Solana compare to Ethereum?
Ethereum still has a significantly larger total issuance of USDC, but Solana is highly regarded for its speed and low transaction fees, providing a variety of options.
Does Circle plan to expand USDC issuance on any other blockchain?
Circle always assesses potential Layer 1s to expand USDC issuance to enhance interoperability and serve diverse global market demands.
Source: https://tintucbitcoin.com/usdc-tang-them-250-trieu-usd-solana/
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