All Time High
Circle Mints Approximately 3.75 Billion USDC on Solana
Circle has minted approximately 3.75 billion USDC on the Solana blockchain over the past week, enhancing liquidity and potentially boosting Solana's market demand. As of early October, Solana's native USDC holdings were about $7.3 billion, constituting about 10% of the total USDC supply. This development suggests Solana continues to be a key platform for stablecoin activity, supporting various applications in payments and decentralized finance (DeFi).