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Circle minted 750M USDC stablecoins on Solana in 24 hours, boosting dollar-pegged token supply.

Protocol Fundamentals
02 Oct 2026
Tokenpost
View Source
Neutral
Circle minted 750M USDC stablecoins on Solana in 24 hours, boosting dollar-pegged token supply.

Circle issued about 750 million USDC stablecoins on the Solana blockchain within a 24-hour period before October 2. USDC is a stablecoin designed to maintain a value of one US dollar, and this large minting event significantly increased its supply on Solana. This move highlights growing activity and liquidity in the Solana network's stablecoin market, which could impact trading and DeFi applications using USDC. Investors should watch for how this increased supply affects market dynamics and usage on Solana.

Circle's recent minting of about 750 million USDC on Solana is notable market context. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 02, 2026 17:21 WIB: of 50 major cryptocurrencies priced on Pluang, 37 rose and 12 fell today. Litecoin (LTC) rose 4.07% to Rp1.247.762 with a typical hold time of 78 days and a Pluang order activity of 47% Sell / 53% Buy. Harmony (ONE) fell 3.91% to Rp39, and Neo (NEO) rose 3.86% to Rp46.607 with 100% Sell order activity.

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