Circle Mints $2.25B USDC on Solana in Past Week

The latest issuance brings total USDC minted on Solana in 2025 to $35.75 billion, underscoring stablecoin growth on the network.

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Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin issued by Circle, designed to maintain a 1:1 value ratio with the U.S. dollar.
  • Solana: A high-performance blockchain platform known for low transaction fees and fast processing speeds, supporting decentralized applications.
  • Stablecoin Issuance: The process of creating and distributing stablecoins on a blockchain, increasing the circulating supply.