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USDC Treasury Mints 250 Million USDC on Solana

April 24, 2025

The USDC Treasury has minted 250 million USDC on the Solana blockchain, signaling growing demand for stablecoin liquidity and confidence in Solana’s ecosystem.

Circle, the issuer of USDC, said the move supports increasing activity in DeFi, payments, and gaming on Solana. The blockchain has seen a strong recovery in 2025, thanks to technical upgrades and the rise of native apps like Jupiter Exchange and Drift Protocol.

The newly minted USDC is expected to boost liquidity for decentralized exchanges and lending platforms. Though the specific use of the funds hasn’t been disclosed, analysts view the move as a bullish indicator for Solana’s DeFi landscape.

SOL responded positively, climbing 3.5% to $136.45 following the news.

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