Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Circle Mints $250M USDC on Solana

Circle Mints $250M USDC on Solana

CoinomediaCoinomedia2025/06/25 03:00
By:Isolde VerneIsolde Verne

Circle issues $250 M USDC on Solana, showcasing growing demand and liquidity on the network.Massive Mint on Solana NetworkGrowing Supply Signals ConfidenceImplications for Solana DeFiLooking Ahead

  • Circle minted $250 million USDC on Solana on June 18, 2025.
  • Total USDC minted on Solana this year nears $8 billion.
  • Move supports DeFi and liquidity needs across Solana platforms.

Massive Mint on Solana Network

On June 18, 2025, Circle Treasury minted $250 million worth of USDC on the Solana blockchain . This is part of Circle’s broader strategy to expand stablecoin liquidity on fast, scalable networks like Solana.

Growing Supply Signals Confidence

This mint brings the total USDC issued on Solana in 2025 to nearly $8 billion. It marks a notable endorsement of the Solana ecosystem’s speed and low fees, which make it a prime environment for stablecoin usage in DeFi protocols.

🚨 UPDATE: Circle has minted another $250 million $USDC on Solana. pic.twitter.com/OX7GKUI5IP

— Cointelegraph (@Cointelegraph) June 24, 2025

Implications for Solana DeFi

  • DeFi Liquidity Boost: The fresh USDC enhances liquidity across top Solana-based protocols such as Jupiter, Orca, and MarginFi, improving trading depth and reducing slippage.
  • Institutional Signal: Circle’s ongoing commitment signals confidence in Solana’s infrastructure and adoption.
  • Ecosystem Growth: The move could attract more developers and users to build and transact on Solana, solidifying its role as a leading blockchain for stablecoins.

Looking Ahead

The trend of large-scale USDC mints on Solana is likely to continue as demand grows for high-performance DeFi platforms. Circle’s strategy positions USDC as a foundational layer for the next wave of crypto applications on Solana.

Read Also:

  • Circle Mints $250M USDC on Solana
  • Turbo Was Flashy – Troller Cat Is Steady, Already Up 636.8% and Gaining Traction
  • SEC Delays Polkadot ETF Again
  • Analysts Call Qubetics the Next Big Crypto After Top-Tier Listing News as Avalanche Declines and GateToken Holds Firm
  • Jerome Powell: “The US Is Not in a Recession”
Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bluebird Mining Secures Bitcoin Funds, Nears Philippine Gold Deal Completion

Bluebird Mining Ventures Ltd, a pan-Asian gold project developer listed on the FTSE, has announced a strategic shift into digital assets with the signing of a £2 million funding facility to initiate a Bitcoin treasury strategy.

DeFi Planet2025/06/26 02:32
Bluebird Mining Secures Bitcoin Funds, Nears Philippine Gold Deal Completion

SharpLink Gaming Shares Surge After $30M Ether Investment, Boosting Crypto Holdings to $457M

Shares in SharpLink Gaming (NASDAQ: SBET) jumped over 7% on June 24, closing at $9.66, after the sports betting firm announced it had deepened its commitment to Ethereum with a fresh $30 million investment in the cryptocurrency.

DeFi Planet2025/06/26 02:32
SharpLink Gaming Shares Surge After $30M Ether Investment, Boosting Crypto Holdings to $457M

BIS Slams Stablecoins in Annual Report, Questions Their Role as Real Money

The Bank for International Settlements (BIS) has issued a stark warning against the growing reliance on stablecoins, arguing that they fall short of functioning as legitimate money within a modern financial system.

DeFi Planet2025/06/26 02:32
BIS Slams Stablecoins in Annual Report, Questions Their Role as Real Money

DeLorean Launches $DMC Token as It Accelerates Into Web3 and EV Markets

Venture capital firm ThreeD Capital has announced its backing for the successful launch of DeLorean Labs’ new cryptocurrency token, $DMC, marking a pivotal moment in the legendary automaker’s evolution into a digital and electric future.

DeFi Planet2025/06/26 02:32
DeLorean Launches $DMC Token as It Accelerates Into Web3 and EV Markets