Circle Issues 750 Million USDC on Solana in 3 Transactions

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.