USDC Treasury Mints 250 Million USDC on Solana

News Editor

2026-06-05 17:00:50

Whale Alert detected that USDC Treasury minted 250 million USDC on the Solana blockchain at 23:59 Beijing time on June 5, 2026.

USDCSolanaWhale Alertwhale movementstablecoin

According to Whale Alert monitoring, at 23:59 Beijing time on June 5, 2026, the USDC Treasury minted an additional 250 million USDC stablecoins on the Solana blockchain. The on-chain transaction was identified and publicly reported by the tracking service.

USDC is a regulated dollar-backed stablecoin issued by Circle, with Solana being one of its major issuance networks. Such large-scale minting typically accompanies rising demand from exchanges or institutions, helping to supply liquidity to the market.

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

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