August 9, 2026

Circle mints $4.5B USDC on Solana as Ethereum sees stablecoin outflows

Bitcoin Desk - The Bitcoin Street Journal cyberpunk, trending on artstation in the style of cyberpunk

This week, Circle minted $4.5 billion in USD Coin (USDC) on the Solana blockchain over a period of seven days, indicating strong institutional demand, as Circle only mints in response to verified institutional interest. This comes amid a notable trend of capital flow from Ethereum to Solana, partly driven by Solana’s performance advantages in stablecoin operations, highlighting its growing preference among institutional players seeking efficient blockchain networks.

Previous Article

Phantom Wallet to debut social feature Phantom Chat in 2026

Next Article

VeChain’s Stargate Nodes empower real voting in governance via VeVote

You might be interested in …

Tera Yatirim Menkul Degerler AS shares surge 40,000% since IPO

Tera Yatirim Menkul Degerler AS, a little-known Turkish brokerage, has experienced an astounding stock surge of 40,000% since its initial public offering in 2022, making it one of Turkey’s most valuable firms. This unprecedented increase, characterized by staggering daily gains such as 54%, 108%, and 61%, has caught the attention