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Crypto DeFi

USDC Treasury Mints Another 250M USDC on Solana, 500M in 40 Minutes

USDC Treasury minted another 250 million USDC on Solana at 19:13 Beijing time on September 19, bringing total new issuance on the chain to 500 million USDC within roughly 40 minutes. The mints add to the stablecoin’s circulating supply on Solana.

Original source

AI take

Two mints of this size inside roughly 40 minutes point to a deliberate liquidity operation rather than routine treasury housekeeping, since the Treasury typically mints against incoming demand. The signal matters most for Solana's DeFi venues, where fresh USDC supply tends to precede trading, lending or collateral activity rather than sit idle. Whether that capital stays on-chain or is bridged out is the open question, and it is the difference between a durable liquidity build and a transient one.

Generated by AI for reference only.

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