#circle7天在solana铸造27.5亿美元usdc
In 7 days, Circle minted $2.75 billion in USDC on Solana.
▪️ In September, $13.5 billion was minted on this chain—the highest monthly total ever
▪️ At $390 million per day, the $2.75 billion total is below September’s daily average of $450 million
▪️ Around $98.8 billion has been minted on Solana this year—5.9 times the amount currently on-chain ($16.8 billion)
▪️ But over the past 30 days, its DEX trading volume was $71.1 billion, 1.8 times Ethereum’s $38.8 billion
Nearly six times the amount currently on-chain has been minted, so this money isn’t just sitting idle. Across all chains, 48.04% of stablecoins are on Ethereum and 30.71% on Tron—about 79% on those two chains. Solana accounts for just 5.46%, yet it handles the most spot trading of any chain: $3.06 billion in a single day on October 3, more than Ethereum mainnet and all layer-2 networks combined.
The same dollar of stablecoin doesn’t stay on both chains for the same length of time. The $2.75 billion minted measures demand for fuel on this chain, not how much money it has accumulated.
Watch three things:
Can October’s minting surpass September’s $13.5 billion?
Can Solana’s share climb above 6%?
Will its trading volume multiple over Ethereum fall back below 1x?
Stablecoins make up just 5.46% of the total, yet trading volume is the highest in the market—is stablecoin on this chain inventory or fuel?
$SOL
In 7 days, Circle minted $2.75 billion in USDC on Solana.
▪️ In September, $13.5 billion was minted on this chain—the highest monthly total ever
▪️ At $390 million per day, the $2.75 billion total is below September’s daily average of $450 million
▪️ Around $98.8 billion has been minted on Solana this year—5.9 times the amount currently on-chain ($16.8 billion)
▪️ But over the past 30 days, its DEX trading volume was $71.1 billion, 1.8 times Ethereum’s $38.8 billion
Nearly six times the amount currently on-chain has been minted, so this money isn’t just sitting idle. Across all chains, 48.04% of stablecoins are on Ethereum and 30.71% on Tron—about 79% on those two chains. Solana accounts for just 5.46%, yet it handles the most spot trading of any chain: $3.06 billion in a single day on October 3, more than Ethereum mainnet and all layer-2 networks combined.
The same dollar of stablecoin doesn’t stay on both chains for the same length of time. The $2.75 billion minted measures demand for fuel on this chain, not how much money it has accumulated.
Watch three things:
Can October’s minting surpass September’s $13.5 billion?
Can Solana’s share climb above 6%?
Will its trading volume multiple over Ethereum fall back below 1x?
Stablecoins make up just 5.46% of the total, yet trading volume is the highest in the market—is stablecoin on this chain inventory or fuel?
$SOL