Solana USDC Liquidity Jumps As Circle Mints Another $1 Billion

Solana has received another major injection of stablecoin liquidity after Circle reportedly minted an additional $1 billion in USDC on the network around July 1. The move adds to a year that has already seen unusually large gross USDC issuance on Solana, a chain where stablecoins have become central to swaps, leverage, payments, and on-chain trading activity.TL;DRCircle reportedly minted another $1 billion in USDC on Solana.
The mint follows another $1 billion Solana USDC issuance in mid-June.
G