Circle mints $500M USDC on Solana, lifting USDC supply above $8B

Circle minted $500 million USDC on Solana in the past 24 hours, adding fresh stablecoin liquidity as traders increased buying across crypto assets. After the mint, USDC supply on Solana rose 0.14% and topped $8 billion, while USDC's total circulating supply stood near $78.65 billion. The move coincided with a broader market rebound, with CRCL and SOL showing signs of recovery.