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USDC Treasury mints 250 million USDC on Solana, reported 2026 total hits 72.01 billion

USDC Treasury mints 250 million USDC on Solana, reported 2026 total hits 72.01 billion

Whale Alert flagged a July 24 USDC Treasury mint of 250 million USDC; the issuance was reported on Solana, where Circle’s cumulative 2026 issuance was put at 72.01 billion pending independent confirmation.

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USDC

Fact Check
The core factual claims are well supported. Whale Alert's archived posts confirm multiple 250,000,000 USDC mints at USDC Treasury on Solana, including on July 24, 2026 (post 2080593319197839855). PANews and Odaily (both July 24) corroborate the 250M mint and attribute it to Circle via Whale Alert/OnchainLens. Odaily and multiple aggregators consistently report the 2026 cumulative Solana USDC issuance figure of 72.01 billion, matching the claim. The 72.01B total is derived from third-party on-chain trackers rather than a direct Circle statement, which the claim correctly frames as 'pending independent confirmation.' No conflicting evidence was found.
Summary

Circle minted 250 million USDC through USDC Treasury on July 24, according to Whale Alert, in a transaction valued at about $249.97 million. The issuance was reported on Solana and was said to lift Circle’s cumulative 2026 USDC issuance on the network to 72.01 billion, although the current research pass did not independently verify either the latest Solana mint or the year-to-date total. As a reserve-backed stablecoin, USDC supply expansions are routine issuance operations, but they are closely watched because they can increase dollar-linked liquidity used for trading, transfers, payments and settlement across crypto markets.

Terms & Concepts
  • USDC Treasury: Issuer-controlled wallet used by Circle to mint and manage USDC supply.
  • stablecoin: A crypto token designed to track a reference asset, in this case the U.S. dollar.
  • minting: The creation of new tokens on a blockchain as part of token issuance.