According to Whale Alert, ChainCatcher reports that Circle, the issuer of USDC, has minted an additional 250 million USDC on the Solana blockchain, with a transaction value of approximately $250 million.
USDC Treasury mints 250 million USDC on the Solana blockchain.
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Summary
On-chain data reveals that Circle’s USDC Treasury has minted 250 million USDC on the Solana blockchain, valued at approximately $250 million, according to Whale Alert. The transaction was reported by ChainCatcher, underscoring ongoing activity in blockchain news across major stablecoin projects. This move increases liquidity on Solana’s network.
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