USDC Treasury minted a total of $500 million on Solana within minutes, highlighting rapid stablecoin issuance and active liquidity management on high-speed blockchain networks.
According to Whale Alert, the USDC Treasury minted 250 million USDC at 23:36 and another 250 million at 23:41 Beijing time on the Solana blockchain, totaling $500 million. This issuance emphasizes Solana’s role in facilitating fast, large-scale stablecoin transactions and the continued operational activity of USDC as a dollar-backed digital asset.