Circle minted $500M USDC on Solana across two transactions; $112B minted YTD on the chain.

DeFi & Yields · 2026-10-26

Circle completed two separate minting transactions on Solana totaling $500 million in USDC, with each transaction representing $250 million, according to on-chain data. The minting activity occurred at a specific address on the chain.

The moves contribute to a larger pattern of USDC expansion on Solana. Through 2026 to date, Circle has minted $112 billion in USDC on the network, indicating sustained demand for the stablecoin across the ecosystem.

The scale of minting reflects broader adoption of USDC on Solana, though the timing, specific trigger for these transactions, and their intended use cases remain unspecified.

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