USDC Solana Mint: Massive $750M in 24H, $68.26B YTD Boom

Circle sent around 750M USDC onto Solana in a 24-hour period in the latest USDC Solana mint, marking a long-term current of stablecoin issuances on the network. The activity, spotted by on-chain trackers Lookonchain and Solscan data, means that Circle has added fresh dollar liquidity to its second-largest network for USDC after Ethereum. A mint doesn’t necessarily mean tokens have gone into user hands, but the size and number of mints look increasingly like demand to make dollar settlements on Solana is ramping up.