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USDC Treasury Mints $500 Million on Solana Blockchain in 10 Minutes

USDC Treasury Mints $500 Million on Solana Blockchain in 10 Minutes

Circle’s recent activity adds over 2 billion USDC to Solana in a week, pushing 2025’s total issuance on the network past $41 billion.

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Summary

Circle minted approximately 2.25 billion USDC on the Solana blockchain over the past seven days, according to SolanaFloor. This activity has brought Solana’s total USDC minting in 2025 to $41.75 billion. Earlier, Whale Alert reported a rapid minting of 500 million USDC on Solana within ten minutes via two $250 million transactions. These issuances highlight Solana’s capacity for large-scale stablecoin operations and Circle’s ongoing role in supplying significant liquidity for decentralized finance.

Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin issued by Circle, designed to maintain a 1:1 value with the USD.
  • Solana blockchain: A high-speed, low-cost blockchain network known for supporting scalable decentralized applications.
  • Stablecoin minting: The process of issuing new units of a stablecoin on a blockchain, typically backed by reserves.