Circle mints about 750M USDC on Solana; 2026 issuance on the chain reaches $68.26B
AI Market Summary
Circle's reported ~750M USDC issuance on Solana lifts cumulative 2026 Solana-based USDC minting to ~$68.26B, underscoring sustained stablecoin liquidity on the network. For markets, this is chiefly a microstructure signal: deeper on-chain dollar rails can support higher DEX/DeFi activity and tighter stablecoin funding conditions, though minting alone does not confirm net inflows without burn/redemption context.
Impact level
● Medium
Affected assets
SOL/USDT-2.00%
AI Insight · SOL/USDTAI Insight
● Neutral
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Circle has minted roughly 750 million USDC on the Solana blockchain, onchain analyst Onchain Lens (@OnchainLens) reported. The latest issuance brings Circle's total USDC minted on Solana since 2026 to about $68.26 billion.