# USDC Treasury Mints 750 Million USDC on Solana in Two Minutes

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/37803
Published: 2026-10-22T11:52:32.000Z
Updated: 2026-10-22T11:52:32.000Z
Section: Investing

> The three transactions were 250 million USDC each and had a combined estimated value of about $750 million.

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. On the same rounded basis, each individual mint was valued at about $250 million. The token amount and dollar estimate refer to the same three transactions.

That timing puts the reported issuance on Oct. 21 for U.S. readers, although the stated Beijing date was Oct. 22. The transactions were three separate entries on Solana, with the first and last falling within the stated two-minute period.