Circle mints approximately 3.75 billion USDC on Solana in the last week

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Circle has minted approximately 3.75 billion USDC on the Solana blockchain over the past seven days, according to data shared by @SolanaFloor on social media. This significant issuance represents gross minting and highlights the ongoing expansion of USDC liquidity on the Solana network. As of early October, Solana’s native USDC holdings stood at approximately $7.3 billion, representing about 10% of the total USDC supply. This development confirms that Solana continues to be a key platform for stablecoin activity, supporting various applications in payments and decentralized finance (DeFi).

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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