Circle Mints Another 1.25 Billion USDC Tokens On Solana, Strengthens Solana as Leading Stablecoin Network

2025-11-8 08:30

Circle, the provider of USDC stablecoin, has minted 1.25 billion USDC tokens on the Solana blockchain today, November 7, 2025, according to data shared by market analyst Lookonchain. The minting of new tokens indicates increased demand for the USDC stablecoin on Solana for crypto transaction purposes. The activity highlights Solana as a popular choice for issuing stablecoins due to its rapid and cost-efficient blockchain solutions and rising user demand.

Circle(@circle) just minted 1.25B $USDC on #Solana in the past 24 hours.https://t.co/keAa4ofy4J pic.twitter.com/pV497NVSy0

— Lookonchain (@lookonchain) November 7, 2025 Why Circle Expands USDC Minting

USDC is widely used in DeFi, trading, and payments. The increase in USDC minting shows strong retail and institutional interest in Solana as a leading chain for stablecoin usage and activity.

Circle made the minting process into three patches, according to data reported today by CryptoRank.io. The stablecoin issuer first injected a liquidity of 750 million USDC tokens in Solana earlier today, followed by two separate injections of 250 million USDC coins later.

The massive minting of 1.25 billion USDC in a single day represents one of the largest stablecoin injections this quarter. The latest infusion of USDC into Solana brings the entire amount issued on the network since October 11, 2025, to a remarkable 5.25 billion USDC tokens minted since the beginning of the year. Such large-scale minting activities signal strong demand for stablecoin applications on the Solana network.

USDC Growing Stablecoin Dominance

According to the latest data from DeFiLlama, stablecoin supply on Solana currently stands at $13.825 billion. USDC holds a dominant market share of 63.23%, with a market cap of $8.74 billion.

USDT ranks second, with a market cap of $2.43 billion, making it holding 17.58% of the stablecoin supply on Solana. Third on the list is PayPal USD (PYUSD). With a market cap of $1.058 billion, PayPal USD holds 7.65% of the stablecoin supply on Solana.

The injection of 1.25 billion USDC on Solana in a single day indicates a significant milestone in the cryptocurrency landscape. It shows Solana’s continued emergence as a leading blockchain network for DeFi applications, fueled by its scalability, rapid transaction processing, and low fees. Such capabilities make Solana a top choice for stablecoin providers like Circle and an increasing number of institutions and DeFi projects looking for more stable assets.

Also, Circle’s dedication to legal adherence has been a foundation for USDC’s success. By complying with international regulatory laws, USDC has gained credibility among institutions and retail customers. Recent legal compliance advancements, especially Europe’s MiCA regulation, have substantially bolstered the rising supply and usage of USDC on Solana.  

origin »

Solana (SOL) на Currencies.ru

$ 138.79 (+0.52%)
Объем 24H $3.981b
Изменеия 24h: -3.68 %, 7d: -0.54 %
Cегодня L: $138.01 - H: $140.34
Капитализация $77.709b Rank 7
Цена в час новости $ 161.08 (-13.84%)

solana stablecoin usdc billion applications role across

Источник: blockchainreporter.net

solana stablecoin → Результатов: 126


Solana Foundation partners with Wavebridge to develop KRW stablecoin

The Solana Foundation has struck a major partnership with Wavebridge, a Korean blockchain infrastructure firm, pushing towards a KRW stablecoin. The Solana Foundation has entered a new strategic partnership with Korean blockchain infrastructure firm Wavebridge to develop a KRW-pegged stablecoin and institutional-grade tokenization…

2025-10-14 07:00


Solana Breaks $1B Stablecoin Inflow as Solaxy Raises $7M – Headed for Success?

The turn of the year shines bright on Solana as the ecosystem received over $1B in stablecoin inflows in December. How and why did this happen? Easy – stablecoins exploded in popularity after Trump’s November victory, and Solana’s status as the home of the best meme coins formed a natural combo. $SOL also rebounded from […]

2025-1-3 15:19


Hubble Protocol Launches Kamino Finance To Optimize Yields for Solana Liquidity Providers

Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain.  Kamino Finance, launching initially on next-generation decentralized exchange (DEX) Orca, will allow users to earn higher yields in a fully automated way simply by depositing their crypto into vaults … Continued The post Hubble Protocol Launches Kamino Finance To Optimize Yields for Solana Liquidity Providers appeared first on BeInCrypto.

2022-8-30 15:05


Фото:

Tether выпустила стейблкоин USDT на блокчейне Solana

Компания Tether сообщила о запуске стейблкоина USDT на блокчейне Solana. Tether to be the first stablecoin to launch on Solana, an ultra high-speed Layer 1 Blockchain! The collaboration between #tether and @solana will enable Institutions to trade $USDt at Nasdaq Speeds, confirming USDt’s pivotal role in supporting innovation in the crypto ecosystem.

2020-9-9 19:57


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Kalshi selects Coinbase Custody to secure USDC reserves

A major partnership between Kalshi and Coinbase is set to strengthen the infrastructure behind event-based trading in the U.S. Kalshi, the largest regulated prediction market platform in the U.S., has chosen Coinbase Custody to hold the USDC used across its…

Ананта Нагесваран: Долларовые стейблкоины могут разрушить денежно-кредитную политику государств

Стейблкоины, привязанные к доллару США, составляют опасную конкуренцию для банков, оттягивают депозиты и усложняют государственный контроль над ликвидностью, заявил главный экономический советник Индии Ананта Нагесваран (Anantha Nageswaran).