Circle Mints $1B USDC on Solana

Published by

Sohrab Khawas

March 4, 2026

Circle has minted $1 billion in USDC on Solana in just hours, bringing its total 2026 issuance on the network to $23.75 billion. Institutions and exchanges create USDC by depositing dollars, fueling liquidity for trading, DeFi protocols, and new token launches on Solana’s fast, low-fee blockchain. Analysts view the surge as significant “dry powder” ready for market deployment, boosting Solana’s role as a leading stablecoin hub alongside Ethereum and Tron.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news