USDC Treasury Mints 750 Million USDC on Solana in Two Minutes
Photo: TokenPost
USDC Treasury minted 750 million USD Coin (USDC) on Solana in three transactions over two minutes, with the total valued at about $750 million. The 750 million USDC was issued in three separate Solana transactions, each for 250 million USDC. The activity ran from 6:09 to 6:11 p.m. ET on Oct. 21 (22:09 to 22:11 UTC), corresponding to 6:09 to 6:11 a.m. Beijing time on Oct. 22. The three entries split the reported issuance evenly. Each 250 million USDC mint represents one-third of the 750 million-token total, and the combined dollar value is approximately $750 million.
Source: TokenPost
