BREAKING
377d 4h ago

USDC Treasury Mints 2.5 Billion USDC on Solana: A Closer Look at Recent On-Chain Activity

SOL

SOL/USDT

$88.53
+2.64%
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
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

In a significant move for the cryptocurrency sector, COINOTAG has reported that on January 28, the USDC Treasury has minted an extra 2.5 billion USDC on the Solana blockchain. This additional issuance marks a noteworthy expansion of the total minted USDC on Solana, which now reaches 5.5 billion USDC since the beginning of 2025. The implications of this recent minting activity are far-reaching, particularly for liquidity in decentralized finance (DeFi) and trading volumes. Enhanced liquidity supports overall market stability and fosters greater investor confidence in stablecoins as a viable option for transactions. As the crypto market evolves, the USDC’s presence on Solana may further enhance operational capabilities within various decentralized applications (dApps), amplifying the role of stablecoins in the financial ecosystem.

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