Circle Mints $1 Billion in USDC in 10 Minutes as Stablecoin Peg Holds
Key Highlights Circle minted five batches of 250 million USDC throughout October 2026, followed by a rapid 1 billion USDC issuance in roughly 10 minutes on November 2 on Solana. Despite the sudden acceleration in issuance, USDC maintained its steady $1 peg across the entire period without market disruptions. On-chain data confirms that all newly ...
