Circle has minted approximately $3.5 billion worth of USDC on the Solana blockchain over the past week, according to data reported by SolanaFloor. This substantial issuance adds to the overall supply of the stablecoin on the network and suggests heightened activity and liquidity. As of October 8, 2026, Circle reported a global USDC circulation of about $73 billion. Market participants have taken note of this significant minting activity, which may impact Solana’s market dynamics, though the ultimate effect remains uncertain.
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