Solana Sees $250M USDC Mint as Circle Boosts Stablecoin Supply

Circle minted $250 million worth of USDC on the Solana network at 9:37 p.m. ET on September 29, marking a significant new stablecoin issuance event for crypto markets.

The transaction was facilitated through USDC Treasury and recorded on Solana, with the newly created tokens added to the existing supply on the network.

This move adds to the amount of USDC available on Solana and provides traders with a fresh on-chain flow signal to monitor.