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56d 15h ago
USDC Mints $2.5B on Solana — Whale Alert Reports Major Treasury Issuance
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COINOTAG News reported on October 11 that, according to Whale Alert monitoring, the USDC Treasury minted an additional approximately 2.5 billion USDC on the Solana blockchain. The on-chain transaction was broadcast by monitoring services and is available for verification via Solana explorers.
This issuer-side mint is recorded immutably on-chain and can be audited by market participants, exchanges and compliance teams using public transaction logs and analytics tools. Institutional stakeholders use these records to reconcile circulating USDC supply and for operational reporting and custody reconciliation.
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