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Crypto

Circle Floods Solana with 250 Million New USDC

Guavy AI Editorial Team
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SOL USDC
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Circle has announced a new issuance of USDC on the Solana blockchain, releasing 250 million units to the market.

This move marks a significant expansion for USDC on Solana, following an initial launch in June this year. Circle's decision to increase the supply of USDC on the network may be seen as a response to growing demand from users and developers.

The issuance is part of Circle's efforts to provide liquidity and support the growth of decentralized finance (DeFi) applications on Solana.

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