1 min read

Circle Mints $250 Million Worth of USDC on Solana Network

The new issuance occurred at 9:37 p.m. ET on Sept. 29, adding a notable stablecoin-flow signal for crypto markets.

Mentioned assets
A silver token rests on a brushed metal minting tray / TokenPost.ai
A silver token rests on a brushed metal minting tray / TokenPost.ai

Circle minted 250 million USDC on the Solana network at 9:37 p.m. ET on Sept. 29, creating a notable new stablecoin issuance event for crypto markets.

The transaction took place through USDC Treasury, with the newly created tokens recorded on Solana. The issuance was completed at 01:37 UTC on Sept. 30.

The $250 million mint adds to the amount of USDC available on the network and gives traders a fresh on-chain flow signal to monitor.

Loading…