Circle Issues 250 Million USDC on Solana, Totals 5 Billion

• Circle has minted an additional 250 million USDC on Solana, totaling 5 billion USDC in 2025.
• Circle expands USDC adoption with features like Paymaster and collaboration with Binance for broader use cases.

Circle, the stablecoin’s issuer, has increased USDC issuance on the Solana blockchain. Circle minted another 250 million USDC on January 25, 2025, therefore bringing the USDC total issued on Solana to 5 billion since the beginning of this year, according to Arkham.

Arkham shows that Circle has minted another 250 million USDC on Solana today. Since 2025, Circle has cumulatively issued 5 billion USDC on Solana. https://t.co/fZah5tMmlC

— Wu Blockchain (@WuBlockchain) January 25, 2025

Circle Drives USDC Growth on Solana’s Fast Blockchain

With relatively low fees and transaction settlement times of about 400 ms, Solana is regarded as a speedy and effective blockchain. Applications such high-frequency trading, financial services, consumer payments, and interactive loyalty programs find perfect platform on these benefits.

Rising demand for the stablecoin in decentralized finance (DeFi) apps and other on-chain transactions is reflected in Circle’s USDC on Solana increasing issuing.

Strategic Collaboration with Binance

In December 2024, as previously mentioned in our report, Circle and Binance has revealed a collaboration meant to increase USDC acceptance and help the global digital asset ecosystem grow. By means of this collaboration, Binance will boost the availability of USDC across its goods and services, therefore enabling access and use of USDC for trading, savings, and payment purposes for about 240 million worldwide users.

In order to show a change toward employing digital assets in internal financial operations, Binance will also choose USDC as the main dollar stablecoin for its corporate treasury. Circle will supply the technologies, liquidity, and other tools required for Binance users to profit from the trust and innovation Circle has developed for USDC.

Circle keeps inventing to improve the value of USDC. Among these is its “Paymaster” function, which lets users pay blockchain transaction fees with USDC rather than the native coin, like Ether (ETH). This fuction streamlines user experience and might encourage USDC’s greater acceptance on blockchain systems.

By following these guidelines, Circle shows its will to increase USDC acceptance and fortify its presence in the stablecoin space.