Circle mints roughly 4 billion USDC on Solana in a week
- —About 4 billion USDC minted over seven days
- —USDC is issued natively on Solana as an SPL token
- —Minting does not equal a rise in circulating supply
- —Data comes from the SolanaFloor account
Why it matters: A surge in USDC minting on Solana signals rising stablecoin demand and network activity, which could support the ecosystem.
Source: Crypto Briefing