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#USDC Treasury

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USDC Treasury Mints Another $250 Million as Solana Streak Continues
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USDC Treasury Mints Another $250 Million as Solana Streak Continues

Key Highlights Circle issued multiple batches of 250 million USDC exclusively on the Solana blockchain throughout October, totaling five distinct minting events. Issuance surged on November 2, when Circle minted $1 billion worth of USDC via four separate 250 million transactions executed in approximately 10 minutes. USDC preserved its steady $1 peg without any reported ...

USDC Treasury Confirms Minting of $250 Million in New Tokens
Coins•

USDC Treasury Confirms Minting of $250 Million in New Tokens

Key Highlights: The USDC Treasury has executed a fresh minting event, injecting new token supply to support liquidity demands across the decentralized finance ecosystem. Despite the supply expansion, initial trading volume for USDC registered at zero immediately following the transaction, indicating subdued instant market activity. Market participants are monitoring the impact of the minting as ...