Circle Minted $750 Million USDC on Solana Blockchain

Circle has recently minted an additional 750 million USDC on the Solana blockchain, significantly increasing the total supply of USDC on the network to 24.75 billion. This action highlights the growing significance of Solana in stablecoin activities due to its fast and cost-effective transaction speeds. The move strengthens Solana’s position within the stablecoin ecosystem and reflects a surge in institutional interest.