Circle Mints 1 Billion USDC on Solana in 9 Hours

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On-chain news shows Circle minted 1 billion USDC on Solana in 9 hours, per Onchain Lens data. Over the past 11 hours, Circle and Tether added $2 billion in stablecoins to the blockchain news flow. The bulk of the activity came from Circle’s Solana deployment. Tether’s USDT also saw a sharp increase in supply. The move reflects ongoing stablecoin expansion across major blockchains.

Citing PANews, Circle has minted 1 billion USDC on the Solana blockchain within the past 9 hours, according to Onchain Lens monitoring. In the last 11 hours, Circle and Tether collectively minted $2 billion worth of USDC and USDT.

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