Circle minted another ~750 million USDC on Solana in the last 24 hours
Photo: Crypto Briefing
Circle has reportedly minted approximately 750 million USDC on the Solana blockchain over the past day, according to social media reports. This development suggests increased dollar-pegged liquidity on the Solana network, although it is unclear if this represents net growth or merely supports cross-chain transfers or replaces redemptions. As of October 12, Circle had $72.7 billion of USDC in circulation across 38 blockchains. The significant minting on Solana highlights the network’s role in hosting substantial flows of USDC.
Source: Crypto Briefing
