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**Solana Ecosystem USDC Issuance Hits Record High, Circle Recently Engages in Intensive Minting**
According to Foresight News, the stablecoin issuer Circle has been very active on the Solana chain recently. Since October 11, Circle has issued over 12.25 billion USDC on the Solana network, with nearly 1 billion added in supply within the past 24 hours.
This wave of intensive minting reflects the ongoing demand for USD-pegged stablecoins within the Solana ecosystem. As a stablecoin issued on Ethereum and multiple other blockchains, the significant growth of USDC on Solana indicates increasing transaction activity and capital liquidity on the network. Circle’s minting strategy for Solana also highlights the important position of this public chain in the crypto market.