Circle Mints Additional 500 Million USDC on Solana Blockchain

The payment firm expands USD Coin supply on Solana, supporting growing demand for stablecoin transactions and decentralized finance activities.

SOL

USDC

83d ago

Summary

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Terms & Concepts

USDC (USD Coin): A stablecoin pegged to the U.S. dollar, issued by Circle, designed for fast and secure transactions.
Solana: A high-performance blockchain known for fast transaction speeds and low fees, supporting decentralized applications and crypto assets.
Minting: The process of creating new cryptocurrency tokens on a blockchain.