TREE NEWS update: Circle minted approximately 1 billion USDC on the Solana blockchain over the past 24 hours. This significant issuance highlights growing demand for stablecoins on Solana’s network.
Circle Mints ~1B USDC on Solana in 24H
Related Coin Charts
AI take
Large single-chain mints like this point to where stablecoin liquidity is being actively deployed rather than merely parked, and Solana's low-fee environment has become a preferred venue for that activity. The development matters most for builders and traders who rely on Solana-based dollar rails, since fresh supply can ease settlement friction and deepen on-chain liquidity. Whether this pace of issuance reflects durable demand or a one-off burst ahead of specific activity is the open question worth tracking in the days ahead.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
Russian cloud provider Beget hit by cyberattack, disrupting access to nearly 500,000 sites
2h ago
tZERO Signs $350 Million SPAC Deal With FG Imperii
2h ago
Bitmine Buys 8,573 ETH as Holdings Slip to $14.5B
2h ago
Hackers Raise European Supermarket Freezer Temperatures to 50C
3h ago
Crypto Treasury Stocks: mNAV and Dilution Drive Per-Share Value
3h ago
Russia’s Emergency Ministry app hit by large-scale cyberattack