Circle mints 500 million USDC on Solana across two transactions in six hours

Circle mints 500 million USDC on Solana across two transactions in six hours

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News Editor
2026-08-26 05:17:29
Circle minted a total of 500 million USDC on the Solana blockchain over a six-hour window, according to monitoring data cited by BlockBeats. Whale Alert tracked two separate minting events on Aug. 26, recorded at 06:41 and 13:12 Beijing time. In each transaction, Circle minted 250 million USDC, bringing the combined total to 500 million USDC. The update was published by BlockBeats under its whale activity coverage. No additional details were provided in the brief regarding the purpose of the minting or any subsequent on-chain movement. The report identifies Solana as the chain used for both issuances and attributes the monitoring data to Whale Alert.

BlockBeats reported on Aug. 26 that, according to Whale Alert monitoring, Circle minted 250 million USDC on Solana at 06:41 Beijing time and another 250 million USDC at 13:12 Beijing time.

The two minting events brought the total amount issued on the chain to 500 million USDC over roughly six hours.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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