SK CRYPTO INSIDER

$SOL — CIRCLE JUST PRINTED ANOTHER $500M USDC ON SOLANA. 🚨 Circle ($CRCL ) minted 500 million USDC on Solana in two $250M batches, adding another major liquidity injection to the network. On-chain reporting confirms the mints, although the tokens initially remained in Circle-controlled treasury inventory rather than immediately entering circulation. And this isn’t an isolated move. Solana’s total stablecoin supply just hit a fresh $17.3B all-time high, while Circle reportedly minted roughly $11B of USDC on Solana during August alone. Why does this matter for $SOL ? More stablecoin liquidity can mean more fuel for DEX trading, DeFi, payments and onchain activity. Money isn’t leaving Solana. More dollars keep getting minted onto it. 👀 #circlemints500musdconsolana #PolymarketBankFailureBetsDrawFDICConcern #BlackRockBuildsTokenizedPortfoliosForOndo #BitwiseFilesToListNEARETFOnNYSEArca #SECCommissionerPeirceToLeaveOct2