DeFi· ★★★· bullish·

Circle mints roughly 3.75 billion USDC on Solana in a week

  • —About 3.75 billion USDC minted over seven days
  • —Solana held roughly $7.3 billion in native USDC in early October
  • —That is about 10% of total USDC supply
Why it matters: Growing USDC liquidity on Solana supports payments and DeFi activity on the network and could bolster demand for SOL.
Source: Crypto Briefing