MacQuocPhong

$SOL — CIRCLE has just printed a new batch of $500 million in USDC on Solana. 🚨 Circle issued $500 million worth of USDC on Solana in two tranches of $250 million each, adding another major liquidity injection to the network. The report confirms that issuance operations occurred on-chain, even though the tokens initially remained in Circle’s treasury/controlled custody rather than entering trading immediately. This isn’t an isolated move. The total supply of stablecoins on Solana reached a new all-time high of $17.3 billion, while reports indicate that Circle issued roughly $11 billion in USDC on Solana during just August. Why does this matter for $SOL ? Increasing stablecoin liquidity can mean more fuel for DEX and DeFi trading, payments, and on-chain activity. The funds don’t leave Solana. More dollars are constantly being minted on it. 👀 Please follow up $CRCL #circlemints500musdconsolana #PolymarketBankFailureBetsDrawFDICConcern #BlackRockBuildsTokenizedPortfoliosForOndo #BitwiseFilesToListNEARETFOnNYSEArca #SECCommissionerPeirceToLeaveOct2