Circle Mints 750 Million USDC on Solana Blockchain

Circle has minted an extra 750 million USDC on Solana as of August 21, 2025, boosting total USDC to 24.75 billion this year on the blockchain.

This action underscores Solana’s growing role in stablecoin activities due to its transactional efficiency, contributing significantly to the ecosystem’s liquidity and reflecting increased institutional interest.

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Circle has minted an additional 750 million USDC on the Solana blockchain. This brings the total supply of USDC minted on Solana to 24.75 billion as of August 21, 2025.

Circle, led by CEO Jeremy Allaire, is the driving force behind this expansion. The move reflects Solana’s growing role in the stablecoin market, known for its speed and low transaction costs.

“This minting reflects our ongoing commitment to enhancing liquidity and accessibility in the digital finance space.” – Jeremy Allaire, CEO, Circle

This minting has immediate effects on the Solana network, boosting liquidity and activity. The increased supply emphasizes Solana’s importance as a major venue for stablecoin transactions.

The financial implications for Circle and Solana are considerable. Circle’s financials showed strong growth, while Solana’s position is strengthened by rising institutional interest and transaction volumes.

Looking ahead, experts anticipate increased cross-chain liquidity and DeFi growth. Historical mints have previously boosted Solana’s Total Value Locked (TVL) in DeFi protocols, indicating potential for further economic expansion.