Circle Mints $8.25 Billion USDC on Solana: A Sign of Growing Demand for Digital Dollars

Digital asset giant Circle has minted an impressive $8.25 billion worth of USD Coin (USDC) on the Solana blockchain since January 1st, 2025. This significant activity indicates a growing demand for digital dollars and highlights the burgeoning role of Solana in the cryptocurrency ecosystem. On-chain data reveals Circle consistently mints around $250 million USDC per transaction, with recent minting just five hours ago. This consistent pattern underlines Solana’s prominence as the preferred network for stablecoin issuance. 2025’s steady minting activity showcases Solana’s fast transaction speeds and low fees that have attracted Circle’s attention.