New USDC Minting of $500 Million Signals Growing Demand

Circle minted $500 million USDC on Solana, highlighting rising demand. Here's why traders are paying attention. Circle minted $500 million USDC on Solana in the last 24 hours. Circle has minted approximately $500 million in USDC on Solana over the past 24 hours, according to a tweet from @SolanaFloor. This substantial increase in supply highlights a rising demand for the stablecoin and could significantly influence market dynamics as traders seek to understand its implications. Traders scanning the order books got a surprise when Circle announced the minting of another $500 million in USDC on Solana.