Circle Mints 250 Million USDC on Solana in Oct. 19 Treasury Transaction
Photo: TokenPost
Circle’s USDC Treasury minted 250 million USD Coin (USDC) on Solana on Oct. 19, increasing the amount of the dollar-linked token created on the network. The mint was recorded at 8:10 a.m. ET (12:10 UTC). This batch was created on Solana. The 250 million figure describes how many tokens were minted. It is not a measure of trading volume, exchange deposits or purchases of other digital assets. The mint alone does not show whether the tokens were later distributed or used in transactions. Token creation and transfers into trading venues are separate events. The Oct.
Also reported by CaptainAltcoin.
Source: TokenPost
