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USDC Treasury minted 1 billion USDC on Solana in 10 minutes, doubling October's issuance.

Protocol Fundamentals
03 Nov 2026, 00:32 WIB
Tokenpost
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Bullish
USDC Treasury minted 1 billion USDC on Solana in 10 minutes, doubling October's issuance.

On November 2, USDC Treasury minted 1 billion USD Coin (USDC) tokens on the Solana blockchain within a 10-minute window, transferring them to a Circle-controlled account in four transactions of 250 million USDC each. This issuance is double the 500 million USDC minted on Solana in two transactions on October 20. The receiving USDC Treasury account held about 1.756 billion USDC after the transactions. This large minting reflects ongoing activity and liquidity management in the stablecoin market, potentially impacting USDC availability and usage on Solana.

The recent USDC Treasury minting on Solana provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 03, 2026 05:41 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell. Notable movers include CRV at Rp4.833 with a 1-day change of -4.66% and Pluang order activity of 60% Sell / 40% Buy, CAKE at Rp33.353 with a 1-day change of -4.60% and 92% Sell / 8% Buy activity, and ONE at Rp20 with a 1-day change of -4.21% and 95% Sell / 5% Buy activity.

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