Circle has minted an additional $1 billion in USDC on the Solana blockchain, marking a significant increase in stablecoin issuance. This development is part of a broader trend, as both Circle and Tether have collectively minted $2 billion in USDC and USDT over the past 11 hours. The surge in stablecoin minting highlights the growing demand for digital dollar equivalents in the cryptocurrency market.
Circle Mints $1 Billion USDC on Solana Amidst $2 Billion Stablecoin Surge
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
