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Circle mints $3.5B USDC on Solana, boosting stablecoin supply significantly.

Protocol Fundamentals
12 Oct 2026
Tokenpost
View Source
Bullish
Circle mints $3.5B USDC on Solana, boosting stablecoin supply significantly.

Circle minted about 3.5 billion USDC, a dollar-pegged stablecoin, on the Solana blockchain over the past week, increasing the total supply on that network. This follows a previous mint of 750 million USDC on Solana. USDC is designed to maintain a stable value of $1, making this a notable expansion of liquidity on Solana. The increase could support more transactions and DeFi activity on the network.

The recent minting of 3.5 billion USDC on Solana provides context for digital asset liquidity. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 12, 2026 14:31 WIB: out of 50 major cryptocurrencies, 40 rose and 9 fell. Notable movers include LINK at Rp241.249 (+5.40%), ZIL at Rp67 (+4.00%), and GRT at Rp499 (+3.77%).

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