Circle mints 300 million USDC on Solana in 24 hours

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On-chain data shows that Circle minted 300 million USDC on Solana in the past 24 hours, according to SolanaFloor tracking. The analytics firm shared this data on X, highlighting a surge in USDC supply on the chain. Inflation metrics for stablecoins remain a key indicator for Solana users monitoring token dynamics.

ChainThink reports that, according to SolanaFloor monitoring data, Circle minted approximately 3 billion USDC on the Solana network over the past 24 hours.

The additional issuance information was disclosed by SolanaFloor on X, and the associated on-chain activity has sparked market interest in the supply of USDC within the Solana ecosystem.

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