Circle Mints 1 Billion USDC on Solana, Pushing Weekly Supply Expansion to $3.5 Billion
2026-06-16 17:10

Monitored by Woofun AI, stablecoin issuer Circle executed a minting operation of 1 billion USDC on the Solana blockchain today, reinforcing its ongoing strategy of large-scale supply expansion. This latest issuance serves as a continuation of a broader trend observed over the preceding seven days.

Data indicates that Circle has minted a cumulative total of 3.5 billion USDC on the Solana network during this period, representing an approximate value of $3.5 billion. Such substantial liquidity injections typically reflect heightened demand for stablecoin reserves, potentially driven by institutional positioning or increased trading activity within the Solana ecosystem.

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Tags:
USDC
Circle
LookIntoChain
Solana
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