Circle minted 500M USDC on Solana, bringing 2026 total issuance to 69.51B USDC on the chain.
DeFi & Yields ·
Circle minted an additional 500 million USDC on Solana, according to on-chain tracking. The stablecoin issuer has now released a cumulative 69.51 billion USDC on the Solana network during 2026 alone.
The transaction was recorded on the Solana blockchain at a specific wallet address, marking another tranche in what appears to be a sustained issuance campaign on the network this year. The scale of minting—nearly 70 billion USDC in a single calendar year on one chain—reflects either substantial demand for the stablecoin or a strategic distribution effort by Circle.
What remains unclear is whether this pace of issuance will continue, whether the mints are tied to specific user demand or protocol partnerships, and how the distribution of USDC across other blockchains compares to the Solana volume.