- Circle minted 750 million USDC on Solana blockchain.
- Boosts DeFi liquidity significantly.
- Potential market rally indicator for cryptos.
Circle minted 750 million USDC on the Solana blockchain within the last 24 hours, monitored by analysts, marking a notable liquidity injection amid stablecoin issuance trends.
This mint enhances DeFi liquidity on Solana, potentially signaling institutional moves as stablecoin surges often coincide with market rallies, influencing cryptocurrencies like BTC and ETH.
Circle, the issuer of USDC, has minted 750 million USDC on the Solana blockchain in the last 24 hours. The operation, conducted through Circle’s USDC Treasury wallet, was completed in three separate transactions.
Monitored by on-chain analysts, the mint contributes to a total of 8 billion USDC minted on Solana since the October 2025 market decline. Jeremy Allaire, CEO of Circle, has not commented publicly on this specific event.
The minting significantly increases Solana’s stablecoin liquidity pool, raising it to approximately $5.25 billion. This development enhances DeFi liquidity for trading and lending, thus supporting low-slippage swaps on Solana-based protocols.
With USDC dominating the Solana stablecoin pool by 66%, this move aligns with broader institutional positioning. Historically, similar surges in stablecoin issuance have preceded market rallies, influencing assets like BTC and ETH.
There is no current official statement from Circle’s leadership on the minting event. This issuance reflects attempts to capitalize on Solana’s scalability, as indicated by community discussions and on-chain data analysis.
Experts anticipate a possible bullish trend, supported by the historical response of markets to sudden liquidity increases. The deeper liquidity presence signifies confidence in Solana’s infrastructure and could potentially lead to more investments in related technologies.
750 million USDC just minted. Please pump the markets.
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