Circle Mints Fourth $250M USDC Batch on Solana Within Two Days 

  • 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.

image 25
Source: Onchain Lens

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.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

Goldman CEO Backs CLARITY Act as Bank Opposition Grows 

David Solomon supports clearer federal rules for digital asset...

Bitcoin Security Consortium Gets $15M From Nine Finance Giants 

Nine firms pledge $15 million toward Bitcoin security over...

Circle Stablecoin Payments Enter Korea Through Kakao and Toss 

Circle signs separate payment infrastructure agreements with Kakao and...

BitMEX Closure Confirmed as Platform Sets September Shutdown

BitMEX will shut down on September 23 at 04:00...

Avalanche (AVAX) Price Eyes $10 as Aave V4 Tops $300M

Avalanche price approaches key moving average resistance highlighted by...

Topics

Goldman CEO Backs CLARITY Act as Bank Opposition Grows 

David Solomon supports clearer federal rules for digital asset...

Bitcoin Security Consortium Gets $15M From Nine Finance Giants 

Nine firms pledge $15 million toward Bitcoin security over...

Circle Stablecoin Payments Enter Korea Through Kakao and Toss 

Circle signs separate payment infrastructure agreements with Kakao and...

BitMEX Closure Confirmed as Platform Sets September Shutdown

BitMEX will shut down on September 23 at 04:00...

Avalanche (AVAX) Price Eyes $10 as Aave V4 Tops $300M

Avalanche price approaches key moving average resistance highlighted by...

Cardano Price Eyes $0.22 as Whales Accumulate 30M ADA

Whales accumulated over 30 million ADA during the past...

SEC Enforcement Sees Leadership Shift as Sam Waldon Exits

Sam Waldon will leave SEC Enforcement after more than...

NEAR Price Eyes $2.05 Target After Quantum Upgrade

NEAR price trades near $1.92 after declining 5.58% in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img