USDC Minting Surges on Solana as Circle Issues 1 Billion USDC in 24 Hours

COINOTAG News, citing Onchain Lens, reports that Circle minted 1 billion USDC on the Solana network in the past 24 hours. The milestone underscores persistent stablecoin issuance within Solana’s ecosystem and highlights USDC liquidity as a key driver for DeFi activity. The data signals continued demand for scalable, low‑fee settlement rails across Solana, reinforcing the token’s role in cross‑protocol flows and treasury management.

Since October 11, total minting on the Solana network has reached 12.25 billion USDC, reflecting cumulative growth in stablecoin supply. This expansion could bolster liquidity for DEXs, lending platforms, and payments within Solana‑powered projects, while investors weigh regulatory and risk considerations. The figures come from Onchain Lens via COINOTAG News, offering a credible snapshot of Circle and USDC activity on Solana.