Circle Issues 750 Million USDC on Solana in 3 Transactions

SOL

SOL/USDT

$88.53

+2.64%

$88.53

+2.64%

(24s)

24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short

76.5%

Long: 76.5%Short: 23.5%

Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$88.49

▲ 1.03%

Volume (24h): -

Resistance Levels

Resistance 3$113.8728

Resistance 2$100.5725

Resistance 1$93.5288

Price$88.49

Support 1$87.525

Support 2$81.3658

Support 3$67.50

Pivot (PP):$87.9733

Trend:Downtrend

RSI (14):30.8

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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