Key Takeaways

Why is USDC growing so rapidly on Solana?

Increased activity on DeFi platforms like Wormhole and LayerZero, along with Solana’s fast, low-cost network, is driving high-velocity stablecoin operations.

Has Circle been issuing USDC on Solana before?

Yes, Circle has consistently minted $250 million in USDC on Solana in April, May, June, and August 2025, following a recurring liquidity strategy.

Circle, the issuer of USD Coin [USDC], has minted 250 million new stablecoins on the Solana [SOL] blockchain, signaling a major boost for the fast-growing DeFi ecosystem.

Reported on the 19th of September by Whale Alert, the issuance highlights rising demand for USDC liquidity across both institutional and decentralized finance applications.

With this expansion, Circle aims to strengthen trading activity and support the growth of the blockchain’s native applications.

This follows a rapid surge in USDC