Circle Mints $1B USDC on Solana, Pushing 2026 Gross Issuance to $64.25B
Circle minted $1 billion in USDC on the Solana blockchain around July 1, 2026, bringing cumulative gross USDC issuance on Solana for the year to $64.25 billion, continuing a pattern of aggressive and accelerating stab... Solana now holds 10.3% of global USDC supply — its highest recorded share — and processed 31.8%...
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Circle minted $1 billion in USDC on the Solana blockchain around July 1, 2026, bringing cumulative gross USDC issuance on Solana for the year to $64.25 billion, continuing a pattern of aggressive and accelerating stab...
Solana now holds 10.3% of global USDC supply — its highest recorded share — and processed 31.8% of all USDC transfers across every blockchain in the week ending June 21, 2026 [44][47].
The $64.25 billion figure refers to cumulative gross issuance (total minted over time), not current circulating supply, which is lower due to burns and cross chain movement [3][4].
Search & fact-check with cited sources for What significant USDC minting activity did Circle execute on the Solana blockchain around July 3,Circle's $1 billion USDC mint on Solana in early July 2026 pushed cumulative gross issuance for the year past $64 billion.
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Create a landscape editorial hero image for this Studio Global article: Search & fact-check with cited sources for What significant USDC minting activity did Circle execute on the Solana blockchain around July 3,. Article summary: Around July 1–3, 2026, Circle minted **$1 billion in USDC** on the Solana blockchain, bringing cumulative gross USDC issuance on Solana for 2026 to **$64.25 billion** and continuing a year-long pattern of aggressive, acc. Topic tags: general, general web, user generated. Style: premium digital editorial illustration, source-backed research mood, clean composition, high detail, modern web publication hero. Use reference image context only for broad subject, composition, and topical grounding; do not copy the exact image. Avoid: logos, brand marks, copyrighted characters, real person likenesses, fake screenshots, UI text, readable text, watermarks, charts with fa
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Around July 1–3, 2026, Circle minted $1 billion in USDC on the Solana blockchain, bringing cumulative gross USDC issuance on Solana for 2026 to $64.25 billion and extending a year-long pattern of accelerating stablecoin mints on the network . The figure represents the total dollar amount minted over time, not the current circulating supply, which is lower due to burns and cross-chain movement .
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What is the short answer to "Circle Mints $1B USDC on Solana, Pushing 2026 Gross Issuance to $64.25B"?
Circle minted $1 billion in USDC on the Solana blockchain around July 1, 2026, bringing cumulative gross USDC issuance on Solana for the year to $64.25 billion, continuing a pattern of aggressive and accelerating stab...
What are the key points to validate first?
Circle minted $1 billion in USDC on the Solana blockchain around July 1, 2026, bringing cumulative gross USDC issuance on Solana for the year to $64.25 billion, continuing a pattern of aggressive and accelerating stab... Solana now holds 10.3% of global USDC supply — its highest recorded share — and processed 31.8% of all USDC transfers across every blockchain in the week ending June 21, 2026 [44][47].
What should I do next in practice?
The $64.25 billion figure refers to cumulative gross issuance (total minted over time), not current circulating supply, which is lower due to burns and cross chain movement [3][4].
Circle Mints $1B USDC on Solana, Pushing 2026 Gross Issuance to $64.25B
Circle minted $1 billion in USDC on the Solana blockchain around July 1, 2026, bringing cumulative gross USDC issuance on Solana for the year to $64.25 billion, continuing a pattern of aggressive and accelerating stab... Solana now holds 10.3% of global USDC supply — its highest recorded share — and processed 31.8%...
Published byEdited with DeepSeek-V4-FlashImages generated with GPT Image 1.5
Circle minted $1 billion in USDC on the Solana blockchain around July 1, 2026, bringing cumulative gross USDC issuance on Solana for the year to $64.25 billion, continuing a pattern of aggressive and accelerating stab...
Solana now holds 10.3% of global USDC supply — its highest recorded share — and processed 31.8% of all USDC transfers across every blockchain in the week ending June 21, 2026 [44][47].
The $64.25 billion figure refers to cumulative gross issuance (total minted over time), not current circulating supply, which is lower due to burns and cross chain movement [3][4].
Search & fact-check with cited sources for What significant USDC minting activity did Circle execute on the Solana blockchain around July 3,Circle's $1 billion USDC mint on Solana in early July 2026 pushed cumulative gross issuance for the year past $64 billion.
AI Prompt
Create a landscape editorial hero image for this Studio Global article: Search & fact-check with cited sources for What significant USDC minting activity did Circle execute on the Solana blockchain around July 3,. Article summary: Around July 1–3, 2026, Circle minted **$1 billion in USDC** on the Solana blockchain, bringing cumulative gross USDC issuance on Solana for 2026 to **$64.25 billion** and continuing a year-long pattern of aggressive, acc. Topic tags: general, general web, user generated. Style: premium digital editorial illustration, source-backed research mood, clean composition, high detail, modern web publication hero. Use reference image context only for broad subject, composition, and topical grounding; do not copy the exact image. Avoid: logos, brand marks, copyrighted characters, real person likenesses, fake screenshots, UI text, readable text, watermarks, charts with fa
openai.com
Around July 1–3, 2026, Circle minted $1 billion in USDC on the Solana blockchain, bringing cumulative gross USDC issuance on Solana for 2026 to $64.25 billion and extending a year-long pattern of accelerating stablecoin mints on the network . The figure represents the total dollar amount minted over time, not the current circulating supply, which is lower due to burns and cross-chain movement .
Studio Global AI
Continue your research
This page includes a source-backed answer you can continue inside Studio Global.
What is the short answer to "Circle Mints $1B USDC on Solana, Pushing 2026 Gross Issuance to $64.25B"?
Circle minted $1 billion in USDC on the Solana blockchain around July 1, 2026, bringing cumulative gross USDC issuance on Solana for the year to $64.25 billion, continuing a pattern of aggressive and accelerating stab...
What are the key points to validate first?
Circle minted $1 billion in USDC on the Solana blockchain around July 1, 2026, bringing cumulative gross USDC issuance on Solana for the year to $64.25 billion, continuing a pattern of aggressive and accelerating stab... Solana now holds 10.3% of global USDC supply — its highest recorded share — and processed 31.8% of all USDC transfers across every blockchain in the week ending June 21, 2026 [44][47].
What should I do next in practice?
The $64.25 billion figure refers to cumulative gross issuance (total minted over time), not current circulating supply, which is lower due to burns and cross chain movement [3][4].
Circle executed a fresh $1 billion USDC mint on Solana around July 1, 2026, reported across multiple sources on July 1–2 . This followed a separate $1 billion mint in mid-June and a $500 million mint on June 8 .
Broader 2026 Minting Pattern on Solana
Cumulative gross issuance grew dramatically across 2026:
Date (2026)
Cumulative Gross USDC Minted on Solana
Key Mint Event
Early Jan
~$750M
Kickoff mints
Mar 4
~$23.75B
$1B single-day mint
Mar 17
~$28.5B
$500M mint
Apr 4-6
~$33–40B
Record week: $3.25B in 7 days (13 × $250M tranches)
Jun 8
~$56B
$500M mint; Solana hit 10.3% of global USDC supply
Jun 12
~$57B
$1B single-day mint
Jun 29
~$63B+
$910M issued on Solana; $250M burned on Ethereum
Jul 1
$64.25B
$1B mint (latest)
Solana's Share of Global USDC Supply
On June 8, 2026, after a $500 million mint, Solana reached 10.3% of global USDC supply — its highest recorded share — as Ethereum's allocation contracted . As of late June 2026, total USDC circulation across all chains stood at approximately $73.6 billion. By mid-2026, Solana hosted roughly $10–12 billion in native SPL USDC, representing about 20–25% of Circle's total float according to some estimates , though the 10.3% figure from on-chain data appears to be the more commonly cited share.
Solana ranks as the second-largest USDC chain globally, behind Ethereum and ahead of Base, Arbitrum, and Polygon . Solana also dominates USDC transaction volume: it processed 22.7 million USDC transactions in the week ending June 21, 2026 — 31.8% of all USDC transfers across every blockchain — driven by salary payments, retail P2P, and DeFi .
Network Advantages Attracting Stablecoin Capital
Solana's technical architecture provides clear advantages for stablecoin issuers and users:
Speed: ~400ms block times with sub-second finality; real-world throughput of 1,000–4,000+ TPS (theoretical max 65,000) .
Cost: Transaction fees under $0.001 — typically 10–50x cheaper than Ethereum mainnet .
Proof of History (PoH): A clock mechanism that orders transactions before consensus, enabling parallel processing and high throughput .
Institutional focus: In 2026, Solana's roadmap prioritizes predictable finality, execution integrity, and institutional resilience, positioning it as infrastructure for next-generation onchain finance .
Ecosystem growth: Stablecoin market cap on Solana reached ~$14 billion by late January 2026, up >75% year-over-year, making it the fastest-growing stablecoin ecosystem of any blockchain . RWA (real-world asset) TVL grew 58% to over $2.5 billion in Q1 2026 .
Overall Stablecoin Sector Growth
USDC total circulation stood at ~$73.6 billion as of late June 2026 . Circle natively supports USDC on 34 blockchain networks as of May 2026 . Solana's accelerating share reflects a broader trend: stablecoins are increasingly minted on high-throughput, low-cost chains for payments, DeFi, and institutional settlement, with Solana capturing a disproportionate share of that new issuance. The $64.25 billion in gross 2026 issuance on Solana alone — a number that "would have sounded absurd even a year ago" — underscores the pace of structural migration in stablecoin liquidity.
solanacompass.comCircle shifted $660M in USDC to Solana — same day BNY Mellon opened the institutional tap
Circle executed a fresh $1 billion USDC mint on Solana around July 1, 2026, reported across multiple sources on July 1–2 . This followed a separate $1 billion mint in mid-June and a $500 million mint on June 8 .
Broader 2026 Minting Pattern on Solana
Cumulative gross issuance grew dramatically across 2026:
Date (2026)
Cumulative Gross USDC Minted on Solana
Key Mint Event
Early Jan
~$750M
Kickoff mints
Mar 4
~$23.75B
$1B single-day mint
Mar 17
~$28.5B
$500M mint
Apr 4-6
~$33–40B
Record week: $3.25B in 7 days (13 × $250M tranches)
Jun 8
~$56B
$500M mint; Solana hit 10.3% of global USDC supply
Jun 12
~$57B
$1B single-day mint
Jun 29
~$63B+
$910M issued on Solana; $250M burned on Ethereum
Jul 1
$64.25B
$1B mint (latest)
Solana's Share of Global USDC Supply
On June 8, 2026, after a $500 million mint, Solana reached 10.3% of global USDC supply — its highest recorded share — as Ethereum's allocation contracted . As of late June 2026, total USDC circulation across all chains stood at approximately $73.6 billion. By mid-2026, Solana hosted roughly $10–12 billion in native SPL USDC, representing about 20–25% of Circle's total float according to some estimates , though the 10.3% figure from on-chain data appears to be the more commonly cited share.
Solana ranks as the second-largest USDC chain globally, behind Ethereum and ahead of Base, Arbitrum, and Polygon . Solana also dominates USDC transaction volume: it processed 22.7 million USDC transactions in the week ending June 21, 2026 — 31.8% of all USDC transfers across every blockchain — driven by salary payments, retail P2P, and DeFi .
Network Advantages Attracting Stablecoin Capital
Solana's technical architecture provides clear advantages for stablecoin issuers and users:
Speed: ~400ms block times with sub-second finality; real-world throughput of 1,000–4,000+ TPS (theoretical max 65,000) .
Cost: Transaction fees under $0.001 — typically 10–50x cheaper than Ethereum mainnet .
Proof of History (PoH): A clock mechanism that orders transactions before consensus, enabling parallel processing and high throughput .
Institutional focus: In 2026, Solana's roadmap prioritizes predictable finality, execution integrity, and institutional resilience, positioning it as infrastructure for next-generation onchain finance .
Ecosystem growth: Stablecoin market cap on Solana reached ~$14 billion by late January 2026, up >75% year-over-year, making it the fastest-growing stablecoin ecosystem of any blockchain . RWA (real-world asset) TVL grew 58% to over $2.5 billion in Q1 2026 .
Overall Stablecoin Sector Growth
USDC total circulation stood at ~$73.6 billion as of late June 2026 . Circle natively supports USDC on 34 blockchain networks as of May 2026 . Solana's accelerating share reflects a broader trend: stablecoins are increasingly minted on high-throughput, low-cost chains for payments, DeFi, and institutional settlement, with Solana capturing a disproportionate share of that new issuance. The $64.25 billion in gross 2026 issuance on Solana alone — a number that "would have sounded absurd even a year ago" — underscores the pace of structural migration in stablecoin liquidity.
solanacompass.comCircle shifted $660M in USDC to Solana — same day BNY Mellon opened the institutional tap
solanacompass.comCircle Mints $1B USDC on Solana: 2026 Gross Issuance Near $57B
kucoin.comCircle Mints $1B USDC on Solana, 2026 Total Reaches $64.25B
mexc.comCircle Mints $64.25B USDC on Solana in 2026 Expansion | MEXC News