Circle mints 750 million USDC on Solana in 24 hours

icon MarsBit
Share
AI summary iconSummary
According to MarsBit, Circle's USDC Treasury address minted 250 million USDC on Solana on October 1, 2026, bringing the 24-hour total to 750 million USDC. Year-to-date in 2026, the company has issued approximately $9.88 billion in USDC on the Solana chain, a move consistent with rising demand for risk-on assets. These actions occur amid broader CFT (Countering the Financing of Terrorism) initiatives influencing stablecoin regulations.

Huo Xing Finance reports that on October 1, according to OnchainLens monitoring, Circle’s USDC Treasury address minted 250 million additional USDC on the Solana blockchain, bringing the total USDC minted in the past 24 hours to 750 million. Data shows that since 2026, Circle has cumulatively minted approximately $98.8 billion in USDC on the Solana blockchain.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.