Circle minted 250M USDC on Solana, bringing 2026 total USDC issuance on the chain to $76.05B.
DeFi & Yields ·
Circle minted 250 million USDC on Solana, according to on-chain monitoring, pushing the total USDC issued on the Solana blockchain during 2026 to $76.05 billion. The minting address has been identified as 7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE.
The figure reflects ongoing expansion of stablecoin liquidity on Solana, where USDC has become a key settlement and trading pair. The issuance volume underscores demand for dollar-pegged assets on the network, particularly as activity and transaction throughput on the blockchain continue to scale.
It remains unclear whether the 250 million issuance was a response to specific market conditions, redemptions elsewhere, or part of a scheduled capital deployment by Circle. The timing and rationale for the individual mint have not been disclosed.