Circle minted another ~4 billion USDC on Solana in the last 7 days
Photo: Crypto Briefing
Circle has reportedly minted approximately 4 billion USDC on the Solana blockchain over the past week, according to data shared by @SolanaFloor. This development adds to the existing supply of USDC on Solana, a chain where the stablecoin is natively issued as an SPL token. While this mint does not directly translate to an increase in circulating supply or exchange balances, it is a significant addition to Solana’s blockchain activities, where it already holds a substantial amount of USDC. This minting activity may suggest increased demand or strategic adjustments by Circle within the Solana ecosystem.
Source: Crypto Briefing
