Circle has minted 1.25 billion USDC tokens on the Solana blockchain as of November 7, 2025, according to Lookonchain data. This move underscores the growing demand for USDC on Solana, attributed to the network's scalability, rapid transaction speeds, and low fees. The minting occurred in three separate batches, increasing the total USDC supply on Solana to 5.25 billion since October 11, 2025. USDC now commands a 63.23% market share of stablecoins on Solana, with a total supply valued at $8.74 billion, as reported by DeFiLlama. This development highlights USDC's expanding influence in the stablecoin sector on the Solana network.