USDC Treasury Mints 750 Million USDC on Solana in Two Minutes

USDC Treasury minted 750 million USD Coin (USDC) on Solana in three transactions over two minutes, with the total valued at about $750 million. The 750 million USDC was issued in three separate Solana transactions, each for 250 million USDC. The activity ran from 6:09 to 6:11 p.m. ET on Oct. 21 (22:09 to 22:11 UTC), corresponding to 6:09 to 6:11 a.m. Beijing time on Oct. 22. The three entries split the reported issuance evenly. Each 250 million USDC mint represents one-third of the 750 million-token total, and the combined dollar value is approximately $750 million.