As per Blockchainreporter, Circle minted 1.25 billion USDC tokens on the Solana blockchain on November 7, 2025, according to data from Lookonchain. The activity reflects increased demand for USDC on Solana, driven by the network's scalability, fast transactions, and low fees. The minting was done in three batches, bringing the total USDC supply on Solana to 5.25 billion since October 11, 2025. USDC now holds a 63.23% market share of stablecoins on Solana, with a supply of $8.74 billion, according to DeFiLlama.
Circle Mints 1.25 Billion USDC on Solana, Boosting Network's Stablecoin Dominance
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