Circle minted 250 million USDC on Solana on July 8, an issuance worth roughly $250 million, or about ¥40.7 billion. PANews, citing Onchain Lens, said the mint lifted Circle’s year-to-date USDC issuance on Solana to about $66.76 billion in 2024, while Whale Alert separately detected the large new issuance around 6:30 p.m. New USDC minting can expand on-chain dollar liquidity for trading, payments, transfers, and other crypto-market activity, and is often watched as a sign of stablecoin demand and possible capital allocation.