The stablecoin issuer expanded supply on Solana (high-speed blockchain) last week, highlighting continued demand for USDC across decentralized finance and payments use cases.
Circle minted roughly $2.25 billion in USDC on Solana during the latest week, according to the data shared in the post. USDC is a dollar-pegged stablecoin, and new minting increases its circulating supply to meet demand on a blockchain network. The activity on Solana reflects ongoing use of the chain for fast, low-cost settlement and liquidity in crypto markets.