#Circle mints 2.5 billion USDC on Solana chain#
Hot Topic Overview
Overview
Circle recently minted 2.5 billion USDC on the Solana blockchain. This minting occurred just four days after the launch of TRUMP. It is reported that since the launch of TRUMP, the total USDC issuance has increased by over $4.5 billion, with the latest overnight increase reaching $2.9 billion. This might be related to the news of the SEC establishing a crypto task force.
Ace Hot Topic Analysis
Analysis
Recently, Circle has minted 2.5 billion USDC on the Solana chain, attracting market attention. This surge in minting began on the 18th with the Trump token event, and within just four days, Circle minted 2.5 billion USDC for the Solana chain. Statistics show that since the Trump token event, USDC issuance has increased by over $4.5 billion, with the latest overnight increase reaching $2.9 billion, which may be related to the news of the SEC establishing a crypto task force. This series of events demonstrates that USDC, as a stablecoin, plays a crucial role in the market, its issuance volume is closely related to market sentiment, and it is influenced by regulatory policies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Circle issued 2.5 billion USDC on Solana, possibly related to TRUMP's token issuance.
USDC issuance has increased significantly in recent days, possibly related to the news of the SEC forming a crypto task force and the TRUMP token event.
Circle minted 2.5 billion USDC for Solana in just 4 days, showing its commitment to the Solana ecosystem.
USDC issuance has increased by over $4.5 billion in recent days, indicating that the market's demand for USDC remains strong.