$250M USDC issued on Solana for enhanced on-chain liquidity

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Circle has issued another $250 million in USDC on Solana, responding to the growing demand for stablecoin transfers in its ecosystem. This expansion supports the integration of USDC into decentralized finance (DeFi) protocols on the platform, which seek reliable dollar-pegged assets for trading and lending. Solana has become a preferred chain for stablecoin minting due to its speed and cost advantages compared to other blockchain competitors.

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