On October 16, USDC Treasury minted a total of 500 million USD Coin (USDC) on the Solana blockchain in two separate transactions, each worth about $250 million. This issuance adds to the circulating supply of USDC on Solana, a stablecoin pegged to the US dollar. However, these transactions do not clarify whether the newly minted tokens have entered circulation or how they will be utilized. This follows a similar mint of 250 million USDC on Solana on October 12, indicating ongoing activity in USDC issuance on this network.
USDC Treasury's recent minting of 500 million USDC on Solana provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 17, 2026 04:51 WIB: out of 50 major cryptocurrencies, 10 rose and 39 fell. Notable movers include EOS up 8.13% at Rp12.649, BAT down 8.25% at Rp3.597 with 75% sell orders, and CRV down 3.96% at Rp6.181 with 79% sell orders.
Changan Automobile announced new partnerships covering seven European markets and launched its "with U" service program at Mondial de l’Auto 2026. This marks a shift from market entry to building a local ecosystem including manufacturing, sales, serv...
At the 2026 Mondial de l’Auto, Changan Automobile signed letters of intent with eight companies across seven European markets and launched its "with U" service program. This marks a strategic move to build a strong local ecosystem combining manufactu...
Jurrien Timmer, Director of Global Macro at Fidelity Investments, projects Bitcoin could reach around $300,000 by 2029 under certain conditions. His analysis compares Bitcoin's price cycles, estimating a slower growth rate of 60% to 65% annually for ...
Bitcoin sellers gave up above the $80,000 mark on October 15, a pattern previously linked to local price lows during earlier price bursts in August and September. These bursts were followed by price declines and local bottoms, suggesting that the rec...
Thailand's Securities and Exchange Commission implemented new regulations effective October 16, enabling Bitcoin and Ether exchange-traded funds (ETFs) to trade on the Stock Exchange of Thailand. The framework requires each fund to passively track a ...
