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