BlockBeats news, on June 16, according to Lookonchain monitoring, stablecoin issuer Circle has once again minted 1 billion USDC on the Solana blockchain today, continuing its recent large-scale expansion. Data shows that over the past week, Circle has cumulatively minted a total of 3.5 billion USDC on the Solana chain, equivalent to approximately $3.5 billion.
Circle mints 1 billion USDC on Solana, bringing the weekly total to $3.5 billion.
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Summary
On-chain data reveals that Circle minted 1 billion USDC on Solana on June 16, bringing the weekly total to 3.5 billion USDC. According to Blockbeats, this amount equals $3.5 billion. On-chain inflation data shows a sharp increase in issuance, reflecting continued activity on the network.
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