$85 Million USDC Minted on$SOL Solana by Treasury
The $USDC Treasury has just issued a large batch of stablecoins, minting $85 million USDC on the Solana blockchain.
This significant issuance, detected by Whale Alert, occurred moments ago and signals an immediate increase in liquidity on the high-speed Solana network.
Large stablecoin mints like this are typically executed by Circle (the issuer of USDC) to satisfy increased institutional and market maker demand for the digital dollar, often preceding heightened trading activity or DeFi operations on the chain.
SOL
132.81
+0.17%