# USDC Treasury Mints 250 Million USDC on Solana on Oct. 23

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/39945
Published: 2026-10-24T12:12:50.000Z
Updated: 2026-10-24T12:12:50.000Z
Section: Investing

> The MintTo transaction was confirmed at 5:21 p.m. ET (21:21 UTC) and valued at about $250 million.

USDC Treasury minted 250 million USD Coin (USDC) tokens on Solana at 5:21 p.m. ET Friday (21:21 UTC), in a confirmed transaction worth about $250 million.

It was a MintTo transaction on Solana. USDC is a digital token used to settle transactions, and Solana is a blockchain network for digital assets and applications.

The amount matches earlier [250 million USDC mints on Solana](<https://www.tokenpost.com/news/investing/27039>), including transactions on Oct. 6 and Oct. 2. Two separate transactions on Sept. 25 each minted 250 million USDC.



## Links in this article

- [250 million USDC mints on Solana](https://www.tokenpost.com/news/investing/27039)