Circle minted 250 million USDC tokens five times in October 2026 on the Solana blockchain, followed by a burst of four mints totaling $1 billion on November 2. These consistent, large-scale issuances suggest steady demand for dollar liquidity, especially in decentralized finance (DeFi) on Solana. Despite the new tokens, USDC maintained its $1 peg with no market disruptions, reflecting investor confidence in Circle's reserves. Key points to watch include whether these tokens enter circulation, if issuance expands to other blockchains, and the changing pace of minting.
USDC Treasury minting activity provides context for readers, with Pluang market data as of Nov 05, 2026 01:32 WIB showing broad gains among major cryptocurrencies. Out of 50 priced assets, 44 rose and 5 fell today. Notable movers include AAVE at Rp2.413.540 (+4.47%), XNO at Rp6.028 (+4.44%), and THETA at Rp2.847 (+4.29%), with AAVE showing a Pluang order activity skewed 71% Sell / 29% Buy and a typical hold time of 106 days.
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