Circle has minted 500 million USDC on the Solana network, according to Onchain Lens data. This significant issuance comes after $18 billion in USDC was issued on Solana since October 11. The move highlights Circle's growing presence on the Solana blockchain, which is known for its speed and scalability.
The crypto community is closely monitoring this development, as it may signal increased adoption and liquidity on Solana. The expansion of USDC on Solana could enhance the network's appeal to traders and developers seeking efficient and cost-effective transaction solutions.
Circle Mints 500 Million USDC on Solana Network
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.
