Circle mints 500 million USDC on Solana, bringing 2026 total to 76.05 billion

The latest issuance, reported by Odaily, adds to Circle's expanding USDC supply on Solana, a blockchain often used for faster and lower-cost stablecoin transfers.

SOL
USDC

Summary

Circle minted 500 million USDC on the Solana network about three hours before the report, taking its cumulative USDC issuance on Solana in 2026 to 76.05 billion, according to Odaily. The update points to continued stablecoin activity on Solana, where USDC is widely used for trading, payments and on-chain liquidity because transfers are typically fast and relatively inexpensive.

Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin issued by Circle.
  • Solana: A blockchain known for fast processing and lower transaction costs.
  • stablecoin: A crypto token designed to track a stable asset, usually the U.S. dollar.