{"id":32063,"date":"2026-06-16T10:31:27","date_gmt":"2026-06-16T10:31:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/circle-mints-1b-usdc-on-solana-as-weekly-issuance-hits-3-5b\/"},"modified":"2026-06-16T10:31:34","modified_gmt":"2026-06-16T10:31:34","slug":"circle-mints-1b-usdc-on-solana-as-weekly-issuance-hits-3-5b","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/circle-mints-1b-usdc-on-solana-as-weekly-issuance-hits-3-5b\/","title":{"rendered":"Circle mints 1B USDC on Solana as weekly issuance hits 3.5B"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Circle reportedly minted another 1 billion USDC on Solana on June 16, according to on-chain tracker Lookonchain.\u00a0<\/p>\n<div id=\"cn-block-summary-block_8166ccb5a6414faff6f036d2b76e349c\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Circle reportedly minted 1 billion USDC on Solana, bringing weekly issuance to 3.5 billion tokens.<\/li>\n<li>Large USDC mints can signal higher demand for Solana liquidity, payments, and trading settlement activity.<\/li>\n<li>Circle\u2019s Movement post links USDC-backed settlement to low-cost payments, remittances, and broader dollar access globally.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The latest issuance lifted Circle\u2019s total USDC minting on Solana to 3.5 billion over the past week. \u201cCircle minted another 1B USDC on Solana today,\u201d Lookonchain said.\u00a0<\/p>\n<p>The tracker added that Circle had minted 3.5 billion USDC on Solana over the past seven days. Circle had not issued a separate public statement on the specific mint at the time of writing.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Circle(<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/circle?ref_src=twsrc%5Etfw\">@circle<\/a>) minted another 1B <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> on <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/hashtag\/Solana?src=hash&amp;ref_src=twsrc%5Etfw\">#Solana<\/a> today!<\/p>\n<p>In the past week, <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/hashtag\/Circle?src=hash&amp;ref_src=twsrc%5Etfw\">#Circle<\/a> has minted a total of 3.5B <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> on <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/hashtag\/Solana?src=hash&amp;ref_src=twsrc%5Etfw\">#Solana<\/a>.<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/C5Uwl9kpxq\">https:\/\/t.co\/C5Uwl9kpxq<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/3mmPK5m21e\">pic.twitter.com\/3mmPK5m21e<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/lookonchain\/status\/2066809191818490348?ref_src=twsrc%5Etfw\">June 16, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Fresh USDC issuance increases the amount of dollar-linked liquidity available on Solana. It does not always mean immediate buying in crypto markets. Stablecoin mints can reflect exchange demand, treasury rebalancing, payment activity, or preparation for future settlement flows.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Solana remains a key stablecoin rail<\/strong><\/h2>\n<p>Solana has become one of the main networks for stablecoin transfers due to its low fees and fast settlement. USDC is widely used across trading, DeFi, payments, and cross-border transfer products, which makes large mints closely watched by market participants.<\/p>\n<p>Circle <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.circle.com\/usdc\" target=\"_blank\" rel=\"nofollow\">says<\/a> USDC is a fully reserved stablecoin that is redeemable 1:1 for U.S. dollars. The company also says USDC is supported across dozens of networks, including Solana. This gives users and institutions several routes to move dollar liquidity across onchain markets.<\/p>\n<p>The latest mint also follows months of rising attention on Solana-based USDC activity. Earlier market reports showed large USDC issuance on Solana during periods of higher trading and payment demand. The new weekly total adds to that trend.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Record HyperEVM transfer adds context<\/strong><\/h2>\n<p>The Solana mint comes days after Circle moved a large amount of USDC through another onchain venue. As previously reported, Circle moved about 4.397 billion USDC to a Coinbase-linked address through HyperEVM.<\/p>\n<p>\u201cCircle just moved $4 billion to Coinbase on HyperEVM,\u201d Arkham said. The analytics firm described the transfer as the largest USDC transaction ever. The move was linked to Coinbase\u2019s role as Hyperliquid\u2019s official USDC treasury deployer.<\/p>\n<p>That transfer matters because Hyperliquid uses USDC as a core quote and settlement asset. Large treasury movements can support trading liquidity, collateral needs, and settlement flows across active onchain markets.<\/p>\n<p>The Solana issuance and HyperEVM transfer show how USDC supply is moving across several networks at the same time. The activity points to growing demand for stablecoin liquidity across trading venues, payment rails, and blockchain applications.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Movement post points to payment demand<\/strong><\/h2>\n<p>Circle also pointed to Movement as part of its wider stablecoin network push. The company said Movement\u2019s Move-powered blockchain ecosystem is designed for low-cost payments, remittances, and financial access.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWith USDCx fully backed by USDC, Movement supports onchain settlement that can help modernize cross-border finance,\u201d Circle said.\u00a0<\/p>\n<\/blockquote>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Circle Alliance Program member <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/movement_xyz?ref_src=twsrc%5Etfw\">@movement_xyz<\/a> is building the infrastructure layer for global dollar access.<\/p>\n<p>Their Move-powered blockchain ecosystem is designed for low-cost payments, remittances, and financial access. <\/p>\n<p>With USDCx fully backed by USDC, Movement supports onchain\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/AwrDZHinrK\">pic.twitter.com\/AwrDZHinrK<\/a><\/p>\n<p>\u2014 Circle (@circle) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/circle\/status\/2066551308656771363?ref_src=twsrc%5Etfw\">June 15, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The statement connects stablecoin issuance to payment use cases beyond trading. USDCx is designed as a USDC-backed asset within Movement\u2019s ecosystem. Its role is to support dollar-linked settlement across applications that need lower costs and faster transfers.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Circle reportedly minted another 1 billion USDC on Solana on June 16, according to on-chain tracker Lookonchain.\u00a0 Summary Circle reportedly minted 1 billion USDC on Solana, bringing weekly issuance to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":31544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-32063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=32063"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32063\/revisions"}],"predecessor-version":[{"id":32064,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32063\/revisions\/32064"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/31544"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=32063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=32063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=32063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}