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Cryptocurrency News Articles

Circle Mints $250 Million USDC Stablecoin on Solana Blockchain

May 13, 2025 at 07:21 am

Circle, the issuer of the USD Coin (USDC) stablecoin, minted an additional $250 million USDC on the Solana blockchain, according to multiple sources

Circle Mints $250 Million USDC Stablecoin on Solana Blockchain

Circle, the issuer of the USD Coin (USDC) stablecoin, has minted an additional $250 million USDC on the Solana blockchain, according to multiple sources.

The minting event was confirmed by the USDC treasury and occurred on May 12, 2025. This marks another substantial issuance of the stablecoin on the Solana network.

In other developments, several digital art pieces have been minted recently. Book of Bee’s “Green” and “Red” were minted, as was Cory Haber’s “Echoes.” An art piece titled “Earths Love Letters” was also minted on Transient Labs.

This activity highlights the ongoing diversity of creations being minted in the NFT space.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Our articles are stored on Filecoin.

The post Circle Mints $250 Million USDC on Solana, USDC Treasury Confirms on May 12, 2025 appeared first on The Defiant.

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