390 million in one day, 2.75 billion in seven days—Circle has added another batch of USDC.
SolanaFloor noted the issuance, another recent occurrence.
Newly minted coins are one thing; coins already on their way to buy something are another.
Whether this batch goes into liquidity pools, lending, or just sits idle depends on what happens next on-chain.
If they remain inactive or are even redeemed, the “increase” is merely inventory on the books—and that assessment no longer holds.
#circleminted275billionusdconsolanainthelast7days
SolanaFloor noted the issuance, another recent occurrence.
Newly minted coins are one thing; coins already on their way to buy something are another.
Whether this batch goes into liquidity pools, lending, or just sits idle depends on what happens next on-chain.
If they remain inactive or are even redeemed, the “increase” is merely inventory on the books—and that assessment no longer holds.
#circleminted275billionusdconsolanainthelast7days
