Circle Mints 750 Million USDC on Solana Network

Circle minted an additional 750 million USDC on the Solana network on November 7, 2025, bringing the total to 5.25 billion since October 11.

This significant liquidity boost in Solana’s ecosystem fosters increased DeFi activities and enhances the network’s financial capabilities. Institutional interest in Solana continues to rise.

Circle Expands Solana’s USDC Pool by 750 Million

Circle Internet Financial, LLC, responsible for USDC issuance, added 750 million USDC onto Solana, raising on-chain minting totals to 5.25 billion USDC since October 11. USDC makes up approximately 66% of Solana’s stablecoin capacity, enhancing liquidity in various decentralized exchanges and lending protocols. Despite these shifts, Circle’s CEO Jeremy Allaire has not commented directly on this minting. Market analysts suggest the increase in liquidity could boost Solana-native projects, though no immediate response from major financial entities has been documented.

This minting event underscores a strategic effort to enhance Solana’s liquidity landscape, with USDC now constituting 66% of Solana’s 15.00 billion stablecoin pool. This action could significantly amplify activity in decentralized finance (DeFi) protocols.

Jeremy Allaire, CEO and Co-founder, Circle Internet Financial, LLC, stated, “USDC is a fully reserved stablecoin… redeemable 1:1 for US dollars while benefiting from speed and security of blockchain technology… USDC is issued through regulated affiliates of Circle.”

USDC Dominance in Solana: Implications for DeFi Growth

Did you know? The recent addition of 750 million USDC by Circle on Solana marks a pivotal point, making USDC a dominating presence in Solana’s stablecoin sector, constituting over 66% of the total pool.

Circle has minted an additional 750 million USDC on the Solana network, as revealed by Onchain Lens monitoring. Since October 11, this action has brought the total amount minted on Solana to 5.25 billion USDC.

The Coincu research team highlights that this liquidity move by Circle could spur heightened transactional volume within Solana-based applications. As DeFi platforms leverage this enhanced supply, there is potential for improved capital efficiency and reduced slippage in trading, particularly across USDC-focused protocols.