Circle minted an additional USD 250 million in Solana, pushing its total issuance for 2025 to USD 8 billion as demand for regulated stable coins increases.
The latest USDC mint was reported by on-chain analytics company Spot on Chain in a tweet on February 24th. The chain's spot also revealed that the circle has added US$1 billion in coins (USDC) to Solana (SOL) over the past seven days.
In January, the circle created a total of 6 billion USDC in Solana. Another 2 billion USDC was minted in February, bringing the total issue to 8 billion USDC in 2025.
Circle's USDC supply in Solana has been rising sharply due to increased network Defi activity and significant trading volume. Furthermore, the increase in USDC supply is driven by changes in the regulation of the Stablecoin market, particularly in Europe.
Market compliance in Circle's Crypto-Assets regulations has led to increased adoption within the European market. In contrast, non-compliant stubcoins, like Tether's USDT, have been discontinued by interactions such as crypto.com and Kraken of the European Union.
Meanwhile, the circle continues to secure several important licenses, including electronic money agency licenses from French authorities. This regulatory interest has already had an impact.
USDT distribution supply has increased by 2.5% over the past month, while USDC has risen by 16%. Recent developments have contributed to driving USDC's market capitalization to $571.9 billion, as shown in Defilama data.
In addition to publishing Stablecoins, Circle has actively grown its ecosystem. In January 2025, it acquired Hashnote, the tokenized real-world asset company behind the $1.3 billion USYC token, strengthening its position in the growing tokenized Ministry of Finance market.
Additionally, they launched Paymaster, a tool that allows users to pay gas costs using USDC on Arbitrum and Base, debuting USDC on Aptos, expanding their reach to 16 blockchain networks.
With Circle's strengthening regulatory stance and USDC's role in Defi Growing, the company has established itself as a leading player in the dynamic global Stablecoin industry.
