Circle Expands USDC Supply by 750 Million on Solana Network Within 12 Hours

Circle Makes Significant USDC Minting Move on Solana Network

Latest blockchain data reveals that stablecoin issuer Circle has conducted a new round of USDC minting on the Solana platform. Within the past 12 hours, the company injected approximately 750 million USDC into the market, significantly increasing the circulating supply of this stablecoin.

Market Reacts to Minting Activity

This minting event has sparked widespread discussion within the crypto community. Some analysts suggest it could indicate renewed demand for USDC or relate to asset allocation strategies by major institutional investors.

• Minting Amount: Approximately 750 million USDC
• Minting Period: Past 12 hours
• Blockchain Platform: Solana

Given Solana's reputation for high-speed transactions and low fees, more institutions are choosing to issue and manage digital assets on this chain. Circle's move has undoubtedly injected new liquidity into the Solana ecosystem.