- Circle completed four $250 million USDC mints on Solana within two days.
- Reported gross USDC issuance on Solana reached $72.01 billion in 2026.
- Fresh minting expands available liquidity but does not confirm immediate market demand.
Circle minted another 250 million USDC on Solana, extending a rapid issuance streak across the network. Onchain Lens reported that the transaction marked Circle’s fourth equal-sized mint within two days.
The four transactions brought total issuance during the period to 1 billion USDC. They also pushed reported gross USDC issuance on Solana to 72.01 billion in 2026. The latest transfer originated from a publicly labeled Circle account.
USDC on Solana Issuance Reaches $72.01 Billion
Circle minted four separate batches of 250 million USDC within two days. The latest transaction followed an earlier mint that raised cumulative 2026 issuance to 71.01 billion USDC.
The new issuance lifted that figure to 72.01 billion. However, the amount represents gross minting activity rather than the current circulating supply on Solana.
Circle can burn USDC when customers redeem their tokens for dollars. The company may also move liquidity between supported blockchain networks based on demand.
Solscan identifies the address linked to the transaction as a Circle account. The blockchain explorer provides public records of token creation, transfers, and related wallet activity.
Circle Minting Expands Available Solana Liquidity
Fresh USDC issuance can support liquidity across exchanges, payment platforms, and decentralized finance applications. Solana’s low fees and fast settlement times make the network suitable for frequent stablecoin transfers.
Still, the mints do not prove that an additional $1 billion entered the crypto market immediately. Circle may hold newly created tokens in treasury wallets until customers or institutional partners request distribution.
The latest activity follows previously reported USDC issuance on Solana. Blockchain tracker Lookonchain earlier reported that Circle minted another 1 billion USDC, bringing weekly issuance at that time to 3.5 billion USDC.
According to Coincryptonewz’s recent report, Circle has also continued expanding its broader stablecoin infrastructure. The company recently signed separate agreements with Kakao Group and Toss in South Korea.
Those partnerships will explore blockchain payment rails, digital asset connectivity, programmable payments, and cross-border settlement. The agreements remain exploratory, with no consumer product or Korean stablecoin launch confirmed.
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