Circle minted $2.5 billion in USDC stablecoin during the past week, according to on-chain data tracked by Solscan. The significant issuance reflects sustained demand for the dollar-backed stablecoin across decentralized finance and trading platforms.
The minting activity underscores USDC's continued role as a primary liquidity vehicle in the crypto ecosystem. Large weekly issuances of this magnitude typically correlate with institutional inflows, elevated trading volumes, or protocol integrations requiring fresh stablecoin supply for market operations.
Source:solscan.io