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Solana ecosystem receives another liquidity boost: Circle issues an additional 1 billion USDC in 24 hours
【Blockchain Rhythm】Circle has made another big move on the Solana network. According to on-chain data from January 6th, this stablecoin issuer added 1 billion USDC to the Solana chain in the past day. This issuance pace is worth noting — less than a week into the new year, Circle has already minted approximately 1.75 billion USDC on Solana.
Looking behind the data, this reflects the ongoing demand for liquidity within the Solana ecosystem. As a fundamental asset for on-chain transactions and DeFi activities, the increase in stablecoins usually indicates heightened network activity or expansion of ecological applications. Circle’s frequent replenishment of USDC supply on Solana suggests that trading activity and ecosystem development on the Solana chain are indeed heating up.