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Circle mints $250M USDC on Solana, part of $1.25B minted in a week to boost liquidity.

Protocol Fundamentals
22 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Circle's USDC Treasury minted $250 million USDC directly on the Solana blockchain on August 20, 2026, as part of a larger trend with $1.25 billion minted on Solana in one week. This issuance reflects growing institutional and DeFi demand for stablecoins on Solana, supporting liquidity pools and on-chain trading. The minting maintains USDC's 1:1 USD backing and stable peg, signaling strong confidence in Solana's role in stablecoin use. The next key factor is where the new USDC moves—toward exchanges or DeFi pools—indicating market activity and demand.

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