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Circle Mints 500M USDC on Solana in One Day, 55B Total for 2025
Source: Coinomedia Original Title: Circle Mints 500M USDC on Solana in One Day Original Link:
Circle, the issuer behind USD Coin (USDC), minted 500 million USDC on the Solana blockchain today, adding to a remarkable year of activity for the stablecoin. This substantial minting showcases the increasing demand for fast, low-cost transactions that Solana provides.
The mint is part of a much larger trend in 2025. So far this year, Circle has minted 55 billion USDC on Solana, indicating strong and growing utility of the network for stablecoin transactions, DeFi applications, and cross-border settlements.
September’s 1B USDC Mint Highlights Record Usage
A key highlight of the year was September 25, when Circle minted 1 billion USDC on Solana in a single day, setting a record for the blockchain. This milestone underlines Solana’s capabilities to handle massive volumes quickly and efficiently, a crucial factor in making it a top choice for stablecoin issuance.
Such minting volumes reflect rising institutional and retail adoption of USDC on Solana, especially in high-speed use cases like trading, remittances, and decentralized finance.
Solana’s Role in the Stablecoin Ecosystem Grows
Solana’s performance has clearly positioned it as a dominant player in the stablecoin ecosystem. Its ultra-low fees and high throughput have made it the go-to blockchain for Circle’s growing USDC issuance. With 500M USDC minted today alone, Solana continues to prove its scalability.
Looking ahead, if these trends continue, Solana could become the leading blockchain for stablecoin activity, potentially surpassing other major chains in specific niches.