#CircleMints500MUSDCOnSolana

Yes — on or around September 25–26, 2026, Circle (the issuer of USDC) minted a total of $500 million USDC on Solana in two separate $250 million tranches.

tokenpost.com

On-chain data and reports show the USDC Treasury completed the two mints roughly 5–5.5 hours apart (reported around 5:42 and 11:04 Beijing time / corresponding ET/UTC windows on Sept 25–26). Multiple trackers and outlets, including on-chain monitors, TokenPost, Gate, and X posts, confirmed the activity.

@Coin_Scoop

Key context

This is new issuance (tokens created against customer deposits/reserves), not an automatic market buy or immediate deployment into trading/DeFi. The mint increases available USDC supply on Solana; where the tokens ultimately go (exchanges, market makers, DeFi protocols, or redemptions) is the more important follow-up signal.

@Cryptocratico

Large $250M–$500M (or larger) USDC mints on Solana have been common throughout 2026. Circle has repeatedly issued in tranches of this size as demand for native USDC liquidity on Solana has grown, driven by DeFi activity, trading, payments/settlement, and institutional use. Solana has repeatedly taken a growing share of global USDC supply (previously crossing ~10%+ milestones earlier in the year).

solanacompass.com

Similar prior events include multiple $500M days, $1B+ single-day or weekly totals, and occasional paired activity with burns on other chains (e.g., Ethereum) as liquidity migrates.