Circle Mints 750 Million USDC on Solana

• Lyla Velez
• February 2, 2026
• Business
• 0 Comments

Circle has minted 750 million USDC on the Solana blockchain in the past 24 hours, as confirmed by on-chain analysts. This mint was executed by the USDC Treasury in three separate transactions.

This significant USDC mint could impact Solana’s decentralized finance (DeFi) ecosystem, enhancing liquidity pools and lending. Market analysts expect potential increases in Solana’s total value locked (TVL) and trading activities.

Circle, the issuer of USDC, minted a substantial amount of 750 million USDC on Solana. The minting process was efficiently completed in three transactions, observed by on-chain analysts. Circle’s vision for building a comprehensive internet financial system by 2026 underlines their strategic push in DeFi growth.

While no official statements were released from Circle’s leadership, the company’s CEO, Jeremy Allaire, remains focused on USDC’s transparency and institutional appeal. Although direct commentary was absent, Circle’s actions highlight a commitment to expanding on Solana’s platform.

@OnchainLens, On-chain Analyst, reported, ‘Circle has minted $750 million USDC on Solana in the past 24 hours.’

The Solana blockchain, where USDC is centrally involved, now accommodates 66% of its stablecoin pool, elevating the ecosystem’s financial assets to $5.25 billion. This increase supports Solana’s DeFi liquidity, affecting lending and trading sectors.

Circle mints $750 million USDC tokens, strengthening market liquidity have noted USDC’s continued market positioning, possibly facilitating broader market rallies. Historically, such mints have preceded activities that bridge fiat-to-crypto transactions, suggesting further financial integration may follow.

Although the mint boosts DeFi, observers study potential technological outcomes on Solana, aided by the influx of USDC. Regulatory trends like the US GENIUS Act may encourage transparency and might impact future operations.