Back
Circle mints 250 million USDC on Solana, Whale Alert says

Circle mints 250 million USDC on Solana, Whale Alert says

The USDC Treasury issuance adds fresh stablecoin supply to Solana, boosting available liquidity for trading, transfers, decentralized finance and exchange settlement, though minted tokens may not enter circulation immediately.

SOL
USDC

Fact Check
Multiple independent news outlets (ChainCatcher, Phemex) report the exact same event: Circle/USDC Treasury minting 250 million USDC on Solana at 18:17 Beijing time, all attributing the data to Whale Alert. ChainCatcher links directly to the underlying Whale Alert Solana transaction, providing on-chain traceability. This type of large USDC Treasury mint on Solana is a well-documented, recurring occurrence, as evidenced by numerous corroborating reports across June-July 2026. The evidence consistently supports the claim.
    Reference: 123
Summary

Circle minted 250 million USDC on the Solana blockchain through USDC Treasury at 18:17 Beijing time, according to Whale Alert. The issuance, worth about $250 million, adds fresh dollar-pegged stablecoin supply to Solana, a major Layer 1 network for trading and other on-chain activity. New USDC minting typically expands liquidity for treasury operations, transfers, decentralized finance and exchange settlement, though newly minted tokens do not necessarily enter active circulation immediately.

Terms & Concepts
  • USDC Treasury: Wallet or account used for USDC issuance operations.
  • stablecoin: A crypto token designed to track a stable asset, usually the U.S. dollar.
  • Solana: A Layer 1 blockchain used for on-chain applications, trading and payments.