#CircleMints$2.75BUSDCOnSolanaIn7Days
đ” Circle Mints $2.75B USDC on Solana
⥠Reports indicate Circle minted around $2.75B in USDC on Solana within 7 days.
đ This expands dollar liquidity available for settlement, trading, payments, exchange inventory and DeFi.
â ïž But minting is gross issuance, not net capital inflow. Redemptions and burns can offset the supply increase, and the USDC does not necessarily represent direct buying demand for SOL.
đ Will Solanaâs growing USDC liquidity translate into more on-chain activity?
#Solana #SOL #USDC #CryptoMarket
đ” Circle Mints $2.75B USDC on Solana
⥠Reports indicate Circle minted around $2.75B in USDC on Solana within 7 days.
đ This expands dollar liquidity available for settlement, trading, payments, exchange inventory and DeFi.
â ïž But minting is gross issuance, not net capital inflow. Redemptions and burns can offset the supply increase, and the USDC does not necessarily represent direct buying demand for SOL.
đ Will Solanaâs growing USDC liquidity translate into more on-chain activity?
#Solana #SOL #USDC #CryptoMarket
