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Circle Mints $250 Million USDC Stablecoin on Solana Blockchain via USDC Treasury on May 12, 2025

Circle Mints $250 Million USDC Stablecoin on Solana Blockchain via USDC Treasury on May 12, 2025The Defiant1 min read
Circle Mints $250 Million USDC Stablecoin on Solana Blockchain via USDC Treasury on May 12, 2025

Circle, the issuer of the USD Coin (USDC) stablecoin, minted an additional $250 million USDC on the Solana blockchain, according to multiple sources on May 12, 2025. This minting event was confirmed by the USDC treasury and marks another substantial issuance of the stablecoin on the Solana network. Meanwhile, various digital art pieces, including "Green" and "Red" by Book of Bee, "Echoes" by Cory Haber, and "Earths Love Letters," have recently been minted on platforms such as Transient Labs and others, reflecting ongoing activity in the NFT space.

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