Circle minted 250M USDC on Solana, bringing total 2026 USDC supply on the chain to 70.26B.

DeFi & Yields · 2026-07-18

Circle minted 250 million USDC on Solana, according to reporting from the transaction monitoring account. The issuance brings the total supply of USDC deployed on the blockchain to 70.26 billion as of 2026.

The mint was executed via wallet address 7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE. This represents a significant addition to stablecoin liquidity on Solana, which has become a primary venue for USDC distribution alongside Ethereum and other major chains.

The circumstances surrounding the timing and rationale for this particular mint remain unclear. Circle has not publicly commented on the issuance, and the underlying demand drivers—whether protocol-driven, institutional, or related to market conditions—are not specified in available reporting.

Previously on Telem

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