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Circle mints $250M USDC on Solana, boosting stablecoin liquidity and Solana's DeFi role in 2026

Protocol Fundamentals
12 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Circle has issued an additional $250 million USDC on the Solana blockchain, contributing to a total USDC minting on Solana of about $64.25 to $64.78 billion in 2026. This move reflects strong demand for dollar liquidity within Solana's network, enhancing its position as a key platform for stablecoin transactions and decentralized finance (DeFi). Market observers see this increased liquidity as a positive indicator for Solana's price, potentially helping it reach $90 in July. The development underscores Solana's growing importance in the stablecoin and DeFi ecosystems amid broader crypto market dynamics.

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