Circle mint 24.75B USDC for Solana Network
Circle don mint total of $24.75 billion USDC for Solana blockchain, na so Onchain Lens talk. The issuer just add $750 million USDC for Solana lately. This stablecoin minting show say demand for liquidity on top Solana strong and e show how USDC dey grow for DeFi. Traders make dem dey watch Onchain Lens data for supply trends plus any wahala wey fit affect Solana trading pairs. More stablecoin issuance fit help make market depth and trading volumes improve.
Neutral
Di mintin $750 million USDC for Solana and a total of $24.75 billion dey show say dey demand strong for stablecoin liquidity for di network. Even though more USDC supply fit support trading volume and depth, e no dey directly affect USDC $1 peg or Solana token price. Historically, stablecoin issuance dey cause neutral to small small bullish sentiment for ecosystem because liquidity plenty. Traders fit see this supply growth as neutral development, with potential indirect bullish effects if e fit drive more DeFi activity for Solana for long run.