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USDC Treasury Mints 250 Million USDC on Solana

USDC Treasury Mints 250 Million USDC on Solana

Whale Alert reported the roughly $250 million issuance on the Solana blockchain at 23:25 Beijing time on March 30.

SOL
USDC

Fact Check
The event is confirmed by two major crypto news platforms, PANews and BlockBeats, which both provided specific timestamps (23:25 and 23:26 Beijing time) and the exact amount (250 million USDC) on the Solana network. Both sources attribute the data to Whale Alert, a reputable blockchain monitoring service. The timing is consistent with the current date and time (March 30, 2026).
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Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin designed to maintain a 1:1 value with the dollar.
  • Solana: A blockchain network built for fast transactions and lower fees.
  • Stablecoin: A cryptocurrency intended to track the value of a reference asset, usually a fiat currency such as the U.S. dollar.