BREAKING

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

SOL

SOL/USDT

$75.39
-0.04%
24h Volume

$598,344,591.08

24h H/L

$75.74 / $75.05

Change: $0.6900 (0.92%)

Long/Short
72.0%
Long: 72.0%Short: 28.0%
Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$75.46

0.15%

Volume (24h): -

Resistance Levels
Resistance 3$79.3479
Resistance 2$77.4698
Resistance 1$76.40
Price$75.46
Support 1$75.1125
Support 2$73.2302
Support 3$71.229
Pivot (PP):$75.38
Trend:Downtrend
RSI (14):51.2

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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