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Solana Surges as a Massive $250M Mint Jolts the Market
Circle’s USDC Treasury minted $500 million in USDC on the Solana blockchain on July 14, 2026, executing the issuance in two $250 million tranches within roughly two hours. SOL climbed toward $78 on July 15 as the fresh stablecoin liquidity coincided with softer U.S. inflation data and a broader risk-on move across crypto markets. Why $500M in Fresh USDC Matters for Solana: The twin mints pushed Circle’s cumulative 2026 USDC issuance on Solana past $66.76 billion, according to on-chain data tracked by Onchain Lens. Solana now holds between $7.2 billion and $8.6 billion in circulating USDC, reinforcing the ... (full story)
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