Circle Mints 2.5 Billion USDC on Solana, Total Supply Hits 60 Billion

Circle, the issuer of the popular stablecoin USDC, has expanded its presence on the Solana network by minting an additional 2.5 billion USDC. This latest minting brings the total supply of USDC issued on the Solana network to 60 billion as of the end of 2025.

The strategic minting of stablecoins like USDC plays a crucial role in the decentralized finance (DeFi) ecosystem, as it provides market participants with a reliable digital dollar alternative. The robust performance of the Solana network contributes to the increasing adoption of USDC, reflecting a broader trend towards integrating blockchain technology into traditional finance.

Analysts note that the growing demand for USDC is a testament to the increasing acceptance of stablecoins in the crypto market. As Circle continues to mint USDC on the Solana network, market observers will closely monitor these developments to assess their impact on the crypto market.