In an attention-grabbing development in the crypto market, Circle, the prominent stablecoin issuer, has minted an additional $USDC. As reported by SpotOnChain, an on-chain crypto analytical platform, Circle has minted up to 250M $USDC through Solana. The new $USDC minting by Circle aims to cater to the increasing demand for the stablecoin. The minting took place a few hours back, with the last transfer accounting for $249.998M. The development underscores a trend of massive issuance of $USDC by Circle.
Circle Mints 250M $USDC to Meet the Growing Demand
Spot On Chain asserted that the well-known stablecoin issuer continuously mints huge amounts of $USDC. This time, it has minted almost 250M $USDC. Keeping this in view, the cumulative amount of $USDC minted by Circle on Solana since this year’s start has significantly spiked. At present, Circle has almost 5.75B $USDC minted in total on Solana since 2025’s start.
This sheer expansion is expected to be triggered by several notable factors, such as $USDC’s growing institutional interest and adoption. Additionally, the surging popularity of politics-related memecoins associated with Donald Trump, including $TRUMP as well as $MELANIA has also contributed a lot. Overall, the crypto community is witnessing a substantial escalation in the demand for stablecoins for transfers.
$USDC Minting Activities of Circle See Enormous Rise during 2025
During the recent weeks, the minting activities of Circle have been noteworthy. Transfers of analogous scale have been taking place persistently, with several batches of 250M $USDC having already been minted. The respective increase in issuance pattern denotes a rise in Solana’s role in the broader stablecoin ecosystem.
According to SpotOnChain, the new $USDC mint signifies Circle’s continued endeavor to meet the market-wide demand. As $USDC is experiencing a surge in its dominance among the stablecoins, the increasing presence thereof on Solana can potentially boost the adoption of the blockchain. Based on the combination of growing financial demand, blockchain innovation, and political narratives, all eyes are on the further progress of $USDC in the crypto realm.
