Circle Mints 250 Mln USDC on Solana: But Can It Beat Tether?

Stablecoin Competition Heats Up as Circle Increases USDC Supply on Solana News ETHNews

Circle minted 250 million USDC on Solana on September 19, enhancing liquidity for DeFi platforms that utilize the network’s rapid transaction capabilities and low fees. USDC supply on Solana surged from $2.5 billion to $10 billion, reflecting increased adoption by institutional investors and DeFi protocols for efficient operations. On September 19, 2025, the blockchain tracking service Whale Alert reported that Circle created 250 million new USD…

Circle mints 250 mln USDC on Solana: But can it beat Tether?

Despite USDC’s $10 billion surge on Solana, Circle’s stock dips 4.15%, signaling cautious investor response.