250 million USDC just minted and still hasn’t moved—Solana’s DEX depth, instead, is already ready; this script feels familiar

CoinWorld News reports that, according to Solanafloor data, Circle minted approximately $250 million worth of USDC on the Solana network within six hours. This newly minted stablecoin supply is seen as a potential liquidity injection, although its actual impact is more complex. The new supply of stablecoins was not immediately put into use but held as dry powder, possibly for various strategies including going long on SOL or engaging in market-neutral trading. Solana's Q1 2026 network data shows that the chain has established real depth in lending markets and decentralized exchanges (DEX), providing more effective outlets for incoming liquidity. Historical data indicates that large USDC mintings in the range of $100 million to $250 million are typically associated with increases in Solana-based DEX open interest contracts and liquidity pools.