$SOL SOL – Circle Prints Another $500M $USDC on Solana
$SOL – Circle Prints Another $500M USDC on Solana$
Circle has minted two additional batches of $250M USDC on the Solana network within the last few hours, totaling $500,000,000.
This activity continues a major issuance trend: since October 11, Circle has created approximately $10B USDC on Solana. This is one of the largest short-term expansions of a stablecoin supply on any chain.
The repeated large-size mints may reflect increased activity requirements from institutions and ecosystem participants. It also aligns with Solana’s growing role as a network handling high-volume stablecoin movement.
Does this ongoing USDC supply expansion indicate a potential liquidity shift within Solana-based markets?
Follow Wendy for further updates.
Circle has minted two additional batches of $250M USDC on the Solana network within the last few hours, totaling $500,000,000.
This activity continues a major issuance trend: since October 11, Circle has created approximately $10B USDC on Solana. This is one of the largest short-term expansions of a stablecoin supply on any chain.
The repeated large-size mints may reflect increased activity requirements from institutions and ecosystem participants. It also aligns with Solana’s growing role as a network handling high-volume stablecoin movement.
Does this ongoing USDC supply expansion indicate a potential liquidity shift within Solana-based markets?
Follow Wendy for further updates.
