# USDC Treasury Mints 250 Million USDC on Solana in $250 Million Issuance

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/54119
Published: 2026-11-11T15:01:18.000Z
Updated: 2026-11-11T15:01:18.000Z
Section: Investing

> The mint was timestamped at 9:42 a.m. ET (14:42 UTC) Tuesday, Nov. 10.

USDC Treasury minted 250 million USDC on Solana Tuesday, Nov. 10, in an issuance valued at about $250 million. The mint was timestamped at 9:42 a.m. ET (14:42 UTC), during the U.S. morning.

The token count and dollar estimate describe the same creation event: 250 million USDC with an approximate total value of $250 million. Dividing the stated value by the number of tokens yields an implied value of about $1 per token for this mint. Both measures refer to the Solana issuance.

The event's corresponding Beijing timestamp was 10:42 p.m. Tuesday. That converts to 9:42 a.m. ET on the same date, Nov. 10. The timestamp places the issuance during Tuesday's U.S. morning.

Solana is the blockchain named for the mint, and USDC Treasury is identified as the token creator. The issuance amounted to 250 million newly created tokens, with a stated value of approximately $250 million. The event description identifies the asset, network, amount and time for this mint.