Circle has issued approximately 750 million USDC on the Solana blockchain within the last 24 hours. The company has not clarified whether this minting reflects net growth in supply or serves to facilitate cross-chain transfers and redemptions.
As of October 12, the total volume of USDC in circulation reached $72.7 billion. This supply is distributed across 38 different blockchain networks, with the recent activity on Solana underscoring the network's capacity for handling large-scale asset flows.
