Circle has minted $100 million USDC on the Algorand blockchain, as tracked by Whale Alert at 14:00 Beijing time on June 17, 2025. This significant issuance reflects growing institutional demand for liquidity, aligning with Circle's strategy to bolster stablecoin supply. Despite the large transaction, Circle has not issued a public statement, underscoring the routine nature of such mints. USDC continues to trade at a stable price of $1.00, with a market capitalization of $61.6 billion. The minting aligns with ongoing efforts to support institutional needs and DeFi protocols, ensuring liquidity without market disruption.