Circle Mints $250 M USDC on Solana
Circle issues another $250 M USDC on Solana, underscoring growing demand and expanding stablecoin liquidity.
DeFi News
- Circle minting shows continued surge in Solana stablecoin demand.
- Boosts DeFi liquidity and trading on Solana’s low-fee network.
- Reinforces USDC’s ecosystem expansion across blockchains.
Circle minted $250 million USDC on the Solana blockchain on June 18, 2025. This marks yet another large issuance by the stablecoin issuer to bolster liquidity on Solana’s fast, cheap network.
Continued Expansion of USDC Supply
This mint adds to a broader issuance trend in 2025. In May alone, Circle issued another $250M on Solana. Throughout the year, total USDC on Solana has surged into the billions, evidencing rising demand from traders and institutions.
Why It Matters for DeFi and Users
Solana’s high throughput and low-cost transactions make it ideal for decentralized finance. Injecting $250M USDC supports:
- Increased trading volume on Solana DEXs,
- Greater capital efficiency for lending and borrowing,
- Enhanced cross-chain integration, as USDC bridges stay stocked and liquid.
This move underscores both Circle’s growing confidence in Solana and the ecosystem’s expanding use of stablecoins as a foundation for crypto activity.
Read also:
- Stage 9 Goes Wild: Troller Cat Rickrolls the Market as the Best 100x Crypto with 18x Gains, While Pepe and Gigachad Hold Strong
- Bitcoin on Pace to Eclipse Gold: Billionaire Salinas Says
- BlockDAG Drops A Full 6-Week Launch Plan as LTC Drops 10% & PEPE Holds $1.64B Volume Amid 12% Fall
- Trump Family Cuts Stake in World Liberty Financial Venture
- Australian Digital Dollar Stablecoin Launches on Hedera
Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
