USDC Reaches $25 Billion Milestone on Solana as Circle Executes Major Minting Campaign Circle has intensified its stablecoin operations in 2025, achieving a significant milestone with $25 billion in USDC now circulating on the Solana network. This expansion comes as the company conducted substantial minting activities across multiple blockchain platforms over the past weeks. On August 25 alone, Circle issued $500 million in fresh USDC supply—$250 million deployed to Ethereum and an equal amount to Solana. These large-scale issuances followed similar $250 million minting events on August 21, demonstrating Circle's commitment to maintaining robust liquidity across its supported chains. The surge reflects broader demand for USDC as a crucial infrastructure asset. With Solana experiencing significant adoption in 2025, the $25 billion USDC presence on the network positions the stablecoin as a key liquidity enabler for the ecosystem. Ethereum continues to dominate USDC distribution, but the substantial $250 million allocation to Solana signals Circle's recognition of the network's growing importance. These minting operations underscore how major stablecoin issuers are responding to network-specific demands, strategically distributing capital across chains to support ecosystem growth and user accessibility.