USDC Treasury Mints 250 Million USDC on Solana on Oct. 23

USDC Treasury minted 250 million USD Coin (USDC) tokens on Solana at 5:21 p.m. ET Friday (21:21 UTC), in a confirmed transaction worth about $250 million. It was a MintTo transaction on Solana. USDC is a digital token used to settle transactions, and Solana is a blockchain network for digital assets and applications. The amount matches earlier 250 million USDC mints on Solana , including transactions on Oct. 6 and Oct. 2. Two separate transactions on Sept. 25 each minted 250 million USDC. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.