Circle Mints 1 Billion USDC on Solana in Last 10 Hours
Circle has minted 1 billion USDC on the Solana network in the past 10 hours, adding to its total of 23.75 billion USDC minted on the blockchain since 2026.
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Summary
Circle minted 1 billion USDC on Solana in just 10 hours, contributing to a total of 23.75 billion USDC minted on the blockchain since 2026. This highlights continued growth in the stablecoin's usage on the Solana network, which is seeing increased adoption and transaction volume.
Terms & Concepts
- USDC: A stablecoin pegged to the U.S. dollar, issued by Circle, often used in decentralized finance (DeFi) and blockchain transactions.
- Solana (SOL): A high-performance blockchain known for its fast transaction speeds and low costs, supporting DeFi and NFT applications.