coin-img-ETHETH+0.73%coin-img-BTCBTC+0.47%coin-img-SOLSOL-0.83%coin-img-XRPXRP+0.38%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE+3.84%coin-img-NEARNEAR+10.01%coin-img-SUISUI+2.28%coin-img-ETHETH+0.73%coin-img-BTCBTC+0.47%coin-img-SOLSOL-0.83%coin-img-XRPXRP+0.38%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE+3.84%coin-img-NEARNEAR+10.01%coin-img-SUISUI+2.28%coin-img-ETHETH+0.73%coin-img-BTCBTC+0.47%coin-img-SOLSOL-0.83%coin-img-XRPXRP+0.38%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE+3.84%coin-img-NEARNEAR+10.01%coin-img-SUISUI+2.28%coin-img-ETHETH+0.73%coin-img-BTCBTC+0.47%coin-img-SOLSOL-0.83%coin-img-XRPXRP+0.38%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE+3.84%coin-img-NEARNEAR+10.01%coin-img-SUISUI+2.28%

Circle mints $9.88B USDC on Solana since early 2026; 750M issued in past 24 hours

AI Market Summary
Large USDC issuance on Solana indicates strong stablecoin demand and liquidity expansion on the network, which can improve on-chain trading depth, DeFi collateral availability, and settlement throughput. The scale of recent minting activity suggests heightened transactional or market-making needs rather than directional risk appetite, but it can tighten spreads and raise near-term activity across Solana-based venues.
Impact level
● Medium
Affected assets
SOL/USDT-0.82%
AI Insight · SOL/USDTAI Insight
● Neutral
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Odaily Planet Daily reported that a Circle-linked address (7VHUF…4BmE) minted an additional 250 million USDC on Solana, lifting total issuance over the past 24 hours to 750 million. Data shows that since the start of 2026, Circle has minted about $98.8 billion worth of USDC on Solana.
USDC
USDC+0.02%
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