Circle has minted one other 250 million USDC on Solana, pushing its 2025 complete issuance to eight billion USDC as demand for regulated stablecoins grows.
The newest 250 million USDC mint was reported by on-chain analytics agency Spot On Chain in a Feb. 24 tweet. Spot On Chain additionally revealed that that Circle had added 1 billion USD Coin (USDC) to Solana (SOL) prior to now seven days.
In January, Circle minted a complete of 6 billion USDC on Solana. An extra 2 billion USDC was minted in February, bringing complete issuance in 2025 to eight billion USDC.
Circle simply minted one other 250M $USDC on Solana!
This newest mint brings the 7-day complete to 1B $USDC.
To date in 2025, Circle has minted 8B $USDC on #Solana—6B in January and 2B in February.
Observe @spotonchain for extra real-time updates now: https://t.co/nENZ4szSTB https://t.co/ndTrdLxhbo pic.twitter.com/94ekEZ7t46
— Spot On Chain (@spotonchain) February 24, 2025
Circle’s USDC provide on Solana has been rising sharply due to the community’s rising DeFi exercise and vital buying and selling volumes. As well as, USDC’s rising provide has been boosted by the regulatory shifts within the stablecoin market, notably in Europe.
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Circle’s compliance with the Markets in Crypto-Property laws has led to rising adoption throughout the European markets. In distinction, non-compliant stablecoins like Tether’s USDT have been delisted by exchanges like Crypto.com and Kraken within the European Union.
Circle, however, continues to safe a number of necessary licenses, such because the Digital Cash Establishment license from French authorities. This regulatory profit is already having an influence.
Whereas USDT’s circulating provide has grown by 2.5% over the previous month, USDC’s has climbed by 16%. The latest developments have contributed to driving USDC’s market capitalization to $57.19 billion, as proven by DefiLlama knowledge.
Circle has been actively rising its ecosystem along with issuing stablecoins. In January 2025, it acquired Hashnote, a tokenized real-world asset agency behind the $1.3 billion USYC token, strengthening its place within the rising tokenized treasury market.
Moreover, it launched Paymaster, a software that lets customers to pay fuel prices utilizing USDC on Arbitrum and Base, and debuted USDC on Aptos, increasing its attain to 16 blockchain networks.
With Circle’s regulatory stance strengthening and USDC’s position in DeFi rising, the agency is establishing itself as a significant participant within the dynamic world stablecoin trade.
Learn extra: Circle CEO pushes Trump to scrap SEC rule hindering banks from holding crypto
