Circle, a prominent crypto company, has minted an additional 250 million USDC on the Solana blockchain, bringing its total issuance for 2025 to 8 billion USDC. This surge in supply is fueled by the demand for regulated stablecoins and the increasing DeFi activity on Solana. Circle's compliance with regulatory standards, such as the Markets in Crypto-Assets regulations, has allowed for growing adoption in European markets. In contrast, non-compliant stablecoins like Tether's USDT have faced delisting in the EU. Circle has also made strategic acquisitions and launched new tools to expand its ecosystem and strengthen its position in the stablecoin industry.
Content Editor ( crypto.news )
- 2025-02-24
Circle mints another 250M USDC on Solana, bringing 2025 total to $8B
