Circle mints about 13.5 billion USDC on Solana in September
- —September USDC minting on Solana reached about 13.5 billion, a monthly record for the network
- —August's roughly 11 billion was the previous record
- —Circle minted $3 billion of USDC within a single 24-hour window
- —Solana's total stablecoin supply peaked near $17.3 billion by September 25
Why it matters: The record minting signals real dollar inflows into Solana, though net circulating supply matters more than gross issuance for gauging actual usage.
Source: Crypto Briefing