Circle Mints $64.25B USDC on Solana in 2026, Adding $1B on July 1

According to Onchain Lens, Circle minted an additional $1 billion USDC on the Solana blockchain on July 1, bringing the total USDC issuance on the network to $64.25 billion in 2026. The issuance reflects continued demand for dollar-backed liquidity within the Solana ecosystem as DeFi activity and digital asset trading remain active.

At the time of the mint, SOL was trading near $74.82, with technical indicators pointing to a bullish price structure. Rising USDC circulation on Solana has historically coincided with increased decentralized finance participation and stronger spot trading volumes across the network.