Back
Circle mints about 750 million USDC on Solana in 24 hours

Circle mints about 750 million USDC on Solana in 24 hours

A reported 250 million USDC mint flagged around 10:30 a.m. on July 21 was part of roughly 750 million issued on Solana over 24 hours, lifting Circle’s 2025 Solana total to about 71.01 billion.

SOL
USDC

Fact Check
Whale Alert confirms the 250M USDC mint on 2026-07-21 (the ~10:30 a.m. July 21 event per bitbank). SolanaFloor confirms ~750 million USDC minted on Solana in 24 hours on 2026-07-21. The cryptonews/bitcoinworld article and Phemex/Bitget/Cryptorank aggregators confirm the ~71.01 billion cumulative Solana total. All three core numeric claims are independently corroborated. The only discrepancy is temporal: the events occurred July 21, 2026 rather than 2025, though the '71.01 billion since the beginning of 2025' phrasing in the underlying articles (measuring cumulative issuance) explains the claim's '2025' reference. The substantive facts are well supported.
Summary

Circle minted about 750 million USDC on Solana over 24 hours, according to reports citing on-chain data, with a 250 million token issuance around 10:30 a.m. on July 21 identified separately by Whale Alert. The reported activity lifted Circle’s total 2025 USDC issuance on Solana to about 71.01 billion, based on cited Onchain Lens data. The added supply expands dollar-pegged liquidity available on Solana for trading, lending, borrowing and settlement, although minting alone does not confirm immediate deployment into markets or the specific purpose of the issuance.

Terms & Concepts
  • USDC: A dollar-pegged stablecoin issued by Circle.
  • minting: Creating new tokens on a blockchain.
  • DeFi: Blockchain-based financial services such as trading, lending and borrowing.