Circle Mints Another 250M $USDC on Solana—Stablecoin Growth Surges Amid Market Volatility

robot
Abstract generation in progress

The cryptocurrency market remains turbulent, but Circle is undeterred. The company is moving ahead with its plans to expand on the Solana blockchain and just two hours ago minted another 250 million USDC.

This continued USDC minting activity has occurred against the backdrop of impressive overall growth of Solana’s stablecoin ecosystem. Over the last six weeks, the stablecoin market cap on Solana has tripled, and Solana has seen the ongoing adoption of those stablecoins. In the same period, Cir

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)