Solana’s Stablecoin Market Surges as Circle Mints Another $250M USDC
Solana's supremacy in the stablecoin sector keeps growing faster than ever. In only the last three hours, Circle, the issuer of USD Coin (USDC), has minted another $250 million USDC on the Solana blockchain, reinforcing its place as a leading hub for stablecoin transactions. Since the beginning of 2025, Circle has minted an incredible $5.75 billion USDC on Solana, which is a clear and huge change in the landscape of stablecoins. This liquidity came in not just because people are now using the Solana network but also because the network has been quite active, especially after the recent launch of Donald Trump’s memecoins, $TRUMP and #MELANIA. https://twitter.com/spotonchain/status/1885224987726159975?t=rUInjmq5BI7-hTcZAs8VRA&s=19 Solana Overtakes Binance Chain in Stablecoin Rankings The swift growth of stablecoins on Solana has shot the blockchain to number three in the stablecoin ecosystem, besting Binance Chain. Today, Solana’s total stablecoin supply […]