# USDC Treasury Mints 250 Million USDC Tokens on Solana Network By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/43545 Published: 2026-10-29T13:20:03.000Z Updated: 2026-10-29T13:20:03.000Z Section: Investing > The mint took place at 7:38 a.m. ET (11:38 UTC) Thursday, Oct. 29, following a same-sized issuance on Solana earlier this month. USDC Treasury created 250 million USD Coin (USDC) tokens on Solana Thursday, adding a new issuance of the settlement token to a network that saw the same amount minted earlier this month. The transaction took place at 7:38 a.m. ET (11:38 UTC) on Oct. 29. USDC is a digital token used to settle transactions. Solana is a blockchain network for digital assets and applications. A previous 250 million USDC issuance took place on Solana Oct. 2, in an [earlier mint](). ## Links in this article - [earlier mint](https://www.tokenpost.com/news/investing/26275)