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Post
SabTheTrader
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Circle has minted 500 million USDC on Solana.👀
On September 26, Circle minted 250 million USDC in two separate transactions, for a total of 500 million. When you see numbers like this, the first reaction is often:
“Are $500 million worth of funds about to enter the market?”
But don’t rush.
USDC on Solana has a pre-mint mechanism. That is, Circle can mint USDC in advance and place it at a designated address; this portion is not counted toward circulating supply until it is actually authorized for customers. So “minted 500 million” does not directly equal “500 million in new capital will buy SOL right away.”
I think the more meaningful part is what happens next:
Where will this batch of USDC ultimately go?
Will it enter exchanges, DeFi, RWA and payment use cases, or will it remain in Circle’s inventory addresses?
If, subsequently, the on-chain circulating supply of USDC, DeFi capital, and trading activity all rise together, that would more convincingly indicate that Solana’s real demand for dollar liquidity is continuing to expand.
So when I see “large-amount mints” like this in the future, I won’t immediately interpret it as a bullish signal $SOL .
Minting money is one thing; money actually starting to move is another.
So treat fund flows as a reference—ultimately, it comes back to price and on-chain data. Let’s keep watching 👀
#Circle在Solana增发5亿枚USDC
On September 26, Circle minted 250 million USDC in two separate transactions, for a total of 500 million. When you see numbers like this, the first reaction is often:
“Are $500 million worth of funds about to enter the market?”
But don’t rush.
USDC on Solana has a pre-mint mechanism. That is, Circle can mint USDC in advance and place it at a designated address; this portion is not counted toward circulating supply until it is actually authorized for customers. So “minted 500 million” does not directly equal “500 million in new capital will buy SOL right away.”
I think the more meaningful part is what happens next:
Where will this batch of USDC ultimately go?
Will it enter exchanges, DeFi, RWA and payment use cases, or will it remain in Circle’s inventory addresses?
If, subsequently, the on-chain circulating supply of USDC, DeFi capital, and trading activity all rise together, that would more convincingly indicate that Solana’s real demand for dollar liquidity is continuing to expand.
So when I see “large-amount mints” like this in the future, I won’t immediately interpret it as a bullish signal $SOL .
Minting money is one thing; money actually starting to move is another.
So treat fund flows as a reference—ultimately, it comes back to price and on-chain data. Let’s keep watching 👀
#Circle在Solana增发5亿枚USDC
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.