Circle mints 70.26 billion USDC on Solana in 2026
Onchain Lens said Circle’s latest Solana issuances included 500 million USDC over five hours and a separate 250 million mint about 20 hours ago, bringing the 2026 total to 70.26 billion.
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Fact Check
The originating Onchain Lens X post confirms that on 2026-07-16 Circle minted another 500 million USDC on Solana, bringing the 2026 total to 70.01 billion, matching the claim precisely including the attribution to Onchain Lens. Multiple independent outlets (ChainCatcher, Binance News, Phemex) corroborate the same numbers and source. All are downstream of the same on-chain monitor, but the figures are internally consistent and reflect verifiable on-chain mint activity from a specified mint address.
Summary
Circle has minted 70.26 billion USDC on the Solana blockchain in 2026, according to Onchain Lens, after recent issuances that included 500 million USDC over five hours and a separate 250 million USDC mint about 20 hours earlier. Stablecoin minting typically reflects treasury and liquidity management rather than immediate circulation, but market participants watch the pace as a signal of demand for on-chain liquidity across trading, payments and decentralized finance activity.
Terms & Concepts
- USDC: A dollar-pegged stablecoin issued by Circle.
- stablecoin: A crypto token designed to track a stable asset, usually the U.S. dollar.
- minting: Creating new tokens on a blockchain network.