Investment
Features
FeesSafety
Academy
More
Pluang+

USDC Treasury minted $500M new USDC on Solana in two quick transactions on Oct 20.

Protocol Fundamentals
21 Oct 2026
Tokenpost
View Source
Neutral
USDC Treasury minted $500M new USDC on Solana in two quick transactions on Oct 20.

On October 20, the USDC Treasury minted a total of 500 million USDC tokens on the Solana blockchain through two separate transactions executed two minutes apart. Each transaction created 250 million new USDC tokens, doubling the amount created by either transaction alone. This issuance adds significant new dollar-linked tokens to the Solana network, reflecting increased activity or demand for USDC on this platform. The minting occurred in the United States, with the corresponding date in Beijing being October 21.

The USDC Treasury's recent minting of 500 million USDC on Solana provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 21, 2026 14:02 WIB: out of 50 major cryptocurrencies, 42 rose and 7 fell today. Among notable movers, XTZ (Tezos) gained 4.51% to Rp5.652 with a typical hold time of 101 days and a Pluang order activity skewed 67% Sell / 33% Buy, while SUSHI (SushiSwap) rose 3.55% to Rp4.040 despite a strong 99% Sell order activity. UNI (Uniswap) increased 3.40% to Rp133.956 with a 59% Sell / 41% Buy split and a shorter hold time of 65 days.

More News

YYForce buys wearable systems to train humanoid robots for hotel room service tasks.

YYForce buys wearable systems to train humanoid robots for hotel room service tasks.

YYForce Inc. has purchased 20 wearable data collection systems to gather real task data from hotel room service at Novotel Singapore. This project aims to record and analyze experienced staff performing tasks like bed-making, towel folding, and clean...

Market News
Bullish
40 minutes ago
Digital health and remote patient monitoring market to hit $80.8B by 2031 with 20.2% CAGR.

Digital health and remote patient monitoring market to hit $80.8B by 2031 with 20.2% CAGR.

The global digital health and remote patient monitoring market is projected to grow from $26.8 billion in 2025 to $80.8 billion by 2031, at a compound annual growth rate of 20.2%. This growth is driven by increasing demand for chronic disease managem...

Market News
Bullish
1 hour ago
Private credit market to grow to $3.36T by 2031 despite 2025 liquidity stress and rising regulation.

Private credit market to grow to $3.36T by 2031 despite 2025 liquidity stress and rising regulation.

The global private credit and alternative lending market, valued at $2.31 trillion in 2026, is expected to grow at a 7.8% CAGR to reach $3.36 trillion by 2031. Recent liquidity pressures in 2025, triggered by bankruptcies and AI sector concerns, caus...

Market News
Bearish
1 hour ago
Global data center wire and cable market to reach $27.42B by 2031, driven by AI data center growth.

Global data center wire and cable market to reach $27.42B by 2031, driven by AI data center growth.

The global data center wire and cable market is projected to grow from USD 18.17 billion in 2025 to approximately USD 27.42 billion by 2031, at a CAGR of 7.1%. This growth is fueled by the rapid expansion of AI data centers, which increases demand fo...

Market News
Bullish
1 hour ago
China's non-resilient floor covering market to grow 4% CAGR, reaching $58.52B by 2035 driven by construction and renovation.

China's non-resilient floor covering market to grow 4% CAGR, reaching $58.52B by 2035 driven by construction and renovation.

China's non-resilient floor covering market, valued at $42.85 billion in 2025, is projected to grow at a 4% CAGR to $58.52 billion by 2035. Growth is fueled by ongoing residential construction, property renovations, and commercial real estate develop...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App