BREAKING
109d 4h ago
Circle Issues 750 Million USDC on Solana in 3 Transactions
SOL
SOL/USDT
$95.32
+4.12%
$95.32
+4.12%
(24s)24h Volume
$5,224,756,324.54
24h H/L
$97.68 / $91.27
Change: $6.41 (7.02%)
Long/Short
63.7%
Long: 63.7%Short: 36.3%
Funding Rate
+0.0007%
Longs pay
Data provided by COINOTAG DATALive data
According to Whale Alert, Circle issued a total of 750 million USDC on the Solana network across three transfers, beginning at 0:15 AM Beijing time on December 2. The on-chain movement, verified by Whale Alert, marks a sizable liquidity deployment within the Solana ecosystem.
USDC, a fiat-backed stablecoin issued by Circle, is widely used to provide liquidity and enable fast settlement across Solana-based DeFi protocols and crypto-ecosystems.
Market observers will track how this issuance affects on-chain liquidity and the available stablecoin supply on Solana, as participants assess the broader implications for DeFi activity and cross-chain liquidityrails.
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