USD Coin (USDC) Publisher Circle (NYSE: CRCL) mints Stablecoin, which won 250 million dollars on the Solana blockchain, and has significantly expanded the presence of cryptocurrencies into one of the fastest growing distributed finance (DEFI) ecosystems in the world.
The issue, issued on Friday, September 19, was first reported by a whale warning, highlighting an increasing demand for USDC liquidity, both within the facility and institutional. Decentralized Finance (defi) Use case. This move is part of Circle’s strategy to increase the supply of Stablecoin in Solana, and will directly affect blockchain liquidity regulations by enhancing trading opportunities and potential growth in native applications.
Circle Mint wins $250 million USDC in Solana, with total supply increasing by $10 billion in 30 days
The latest mint follows a rapid expansion of USDC supply in Solana, which has increased from $2.5 billion to $10 billion in weeks. Mint was recognized by the broader market, but is viewed as a repetitive exercise to maintain liquidity rather than a fundamental movement by both entities.
The growth of USDC in Solana can be attributed to increased activity on Defi platforms such as Wormhole and Layerzero. This allows for seamless token exchange and transfer across various blockchains. It also reflects strategic change by institutional investors and the use of Solana’s highly scalable network architecture for slower stability operations, leveraging low rates and faster trading speeds.
This trend is consistent with the large-scale token mint activities carried out by Circle throughout 2025. The company previously issued $250 million in Solana in April, May, June and August, with Friday’s Mint being its latest event. USD Coin is the most dominant Stablecoin in Solana, maintaining a market share of 77%.
Experts believe that the increase in activity is attributable to an increased demand for stablecoin across defi protocols across multiple blockchains and related transactions. Since its launch in 2018, USDC has become a dominant player in the Stablecoin market, with 26% of the total value (TVL) of decentralized lending protocols such as Aave and compounds being held by Aave alone. Furthermore, 34% Distributed Exchange (DEX) Liquidity Pool currently supports USDC, dealing with $4.9 billion daily trading volumes of the second largest Stablecoin and the seventh largest cryptocurrency.
The US and EU regulations on compliant stable coins like USDC are
Meanwhile, the development of major regulatory bodies also supports astronomical rise in the USDC. In January 2025, US President Donald Trump signed an executive order classifying stubcoins as “essential financial products.” This is the key to maintaining the hegemony of the US dollar as a global reserve currency, and Europe is European. Crypto Assets (MICA) Union Market The framework, which stands by the non-compliant stubcoins, helped to strengthen USDC’s outlook. These initiatives strengthen investor trust, especially among institutional players. They rely on increasingly stable for immediate settlements and redemption of tokenized financial instruments.
Circle CEO Jeremy Allaire highlighted Solana’s role in supporting real-time payments and high-throughput for Stablecoin use. He said the high performance of blockchain has made it an important layer for mainstream Stablecoin Rails. The current speed of USDCs being built, traded and burned in Solana is 31. It is within six days, further solidifying the role of the network as a high-speed liquidity vehicle.
Reports say Circle has issued a $24.755 billion USDC in Solana. The latest Mint has partially increased token supply over the past week of $1.25 billion, and also shows persistent interest in high frequency trading, cross-chain swaps and real-world asset (RWA) tokenization.
Circle (CRCL) was trading at $144.14 when the market closed on Friday and rose 3.72% that day. Solana (Sol) is currently down 7.69% in 24 hours at $221.07.
