On June 18, 2025, Circle Treasury minted $250 million worth of USDC on the Solana blockchain. This move is part of Circle's broader strategy to enhance stablecoin liquidity on fast and scalable networks.
Massive Mint on Solana
As of June 18, 2025, Circle recorded a mint of $250 million USDC on the Solana platform. This event highlights Circle's commitment to increasing stablecoin liquidity on high-speed and efficient networks.
Growing Supply Signals Confidence
The current mint raises the total USDC issued on Solana in 2025 to nearly $8 billion. This reflects a positive view of the Solana ecosystem, known for its high speed and low transaction fees.
Implications for Solana DeFi
The newly minted USDC improves liquidity on key Solana protocols like Jupiter, Orca, and MarginFi, enhancing trading depth and reducing slippage. Additionally, Circle's ongoing efforts signal confidence in Solana's infrastructure and usability.
The trend of large-scale USDC mints on Solana is likely to continue, opening up opportunities for new DeFi applications and solidifying Solana's market position.
