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Circle Mints 250m USDC on Solana, 2025. Total reaches 8B

Circle Mints 250m USDC on Solana, 2025. Total reaches 8B

The circle is for the Solana to mow another $ 250 million, pushing it in total 2025. years to $ 8 billion such as demand for regulated stableCoys is growing.

Last 250 million USDC MINT has been registered to the company of analytics on the chain on the chain in February 24 Tweet. The spot on the chain has also revealed that the circle added 1 billion coins for USD (USDC) to Solana (Salt) In the past seven days.

In January, a total of $ 6 billion in Solani said a circle. An additional $ 2 billion in February forged in February, bringing the overall issuance in 2025 to $ 8 billion.

The SALLI SALL SUPPLY on Solana increases harshly due to increasing network activity and significant trading volume. In addition, the SMEC’s ​​growing supply is reinforced by regulatoryness shifts In the Stablecoin market, especially in Europe.

Respecting the circle with markets in the regulations of the crypto-means led to growing adoption in European markets. In contrast, unquestified stable like Tether’s USDs are lined up by exchanging like Cripto.com and Kraken in the European Union.

The circle, on the other hand, continues to provide several important licenses, such as a license for an electronic monetary institution from the French authorities. This regulatory benefit already has an impact.

Although the Circulating USDTA supply increased by 2.5% in the past month, the USDC climbed by 16%. Recent Development contributed to the ride on the market capitalization of the SZDC to 57.19 billion dollars, as shown by the defiles data.

The circle has been actively growing up its ecosystem in addition to the issuance of stablecoin. In January 2025. Years acquired Hashnote, a tokenized company for a real-world behind the USC token of $ 1.3 billion, strengthening the position in the growing tokenized treasury market.

In addition, Paimaster started, a tool that allows users to pay gas costs using the USDC on arbitrum and base and debuted USDC on APTOS, spreads reaching 16 block Blokschain networks.

Using the regulatory position for regulatory balance and USD in defiot, the company is established as a main player in a dynamic global stablecoin industry.

https://crypto.news/app/uploads/2021/07/USDC-Backer-Circle-to-Go-Public-in-SPAC-Deal.jpg

2025-02-24 11:30:00

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