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Circle Mints $500 Million in USDC on Solana

Whale Alert states that USDC Treasury minted 250 million USDC on Solana on March 25, 2026, adding a new reported issuance update on the blockchain network.

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USDC

Summary

Whale Alert reported that USDC Treasury minted 250,000,000 USDC on Solana, valued at about $249.997 million, on March 25, 2026 at 22:03 UTC+8. This adds a new reported Solana-based USDC issuance update to the existing topic, which had previously referenced a separate $500 million mint. No further details were provided on the purpose of the mint or any related transfers.

Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin intended to maintain a 1:1 value with the dollar.
  • Solana: A blockchain network designed for high-throughput transactions and relatively low fees.
  • USDC Treasury: The treasury address or issuing entity associated with creating and redeeming USDC tokens on supported blockchains.