Recent on-chain data shows Circle significantly expanded USDC supply on Solana, with large-scale minting activity accelerating in early 2026, highlighting increased stablecoin liquidity on the network.
Circle minted 1 billion USDC on the Solana network within a 24-hour period, according to blockchain analytics firm OnchainLens. The data indicates that approximately 1.75 billion USDC has been minted on Solana since the beginning of 2026, signaling a sharp increase in stablecoin issuance on the network.