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USDC continues to be issued on Solana, Circle's total issuance surpasses $4.2 billion in the New Year
【Blockchain Rhythm】New developments in USDC activity on the Solana chain. According to on-chain data monitoring, Circle has issued an additional 1 billion USDC on the Solana network in the past 8 hours.
What does this number reflect? From the beginning of the year until now, Circle’s total issuance on Solana has reached 4.25 billion USDC. This continuous issuance frequency and scale indicate that the demand for stablecoins in the Solana ecosystem remains high.
Whether it’s liquidity needs for DeFi projects or cross-chain arbitrage activities by exchanges and users, USDC’s role on Solana is becoming increasingly important. This issuance pace also indirectly confirms the ongoing growth in activity within the Solana ecosystem.