Circle minted another 750 million USDC on Solana in the last 24 hours
Circle minted USDC on Solana in several batches over a seven-day period, including 250 million, 750 million, and a total near 3.5 billion across the week. One report places the seven-day tally on Oct. 12 and says the issuance increased the amount of the dollar-pegged stablecoin on Solana.
What this rests on
What it means
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Solana users and traders notice more USDC available on the network today after the 250 million mint and the larger seven-day issuance. That changes the amount of dollar-pegged stablecoin sitting on Solana, which is the concrete shift described here.
Compared with before, the network had a larger USDC supply after the recent minting, and the weekly tally shows repeated issuance over several days. What stays the same is that these reports only describe minting and supply changes, not any move in Solana itself.
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Where this sits in the USDC series
| When | What happened | Figure |
|---|---|---|
| 11 days ago | USDC a 1 $ high | today it sits -0.0 % from there |
| 1 days ago | USDC a 0.999 $ low | today it sits +0.1 % from there |
From what we have stored, starting 22 days ago.