1 min read
Add as a preferred source on Google

Circle Mints 3.5 Billion USD Coin (USDC) on Solana Over Seven Days

The issuance increased the amount of the dollar-pegged stablecoin on Solana during the seven-day period reported on Oct. 12.

Mentioned assets
Freshly stamped metal tokens beside a blue-green ceramic tile / TokenPost.ai
Freshly stamped metal tokens beside a blue-green ceramic tile / TokenPost.ai

Circle minted about 3.5 billion USD Coin (USDC) on Solana over the seven days reported on Oct. 12, increasing the amount of the dollar-pegged stablecoin on the network.

USDC is designed to maintain a value of $1. A previous Circle mint on Solana totaled about 750 million USDC.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…