USDC migrates to Solana First of 3
Circle Shifts $910M USDC to Solana
Circle Burns $250M USDC on Ethereum, Issues $910M on Solana in Cross-Chain Rebalance Circle is rapidly shifting USDC liquidity from Ethereum to Solana through increasingly large minting events.
Circle burned $250 million USDC on Ethereum while simultaneously issuing $910 million USDC on Solana, reflecting a large cross-chain rebalancing of stablecoin supply between the two networks.
1 source Story timeline · 3 entries Circle Mints $500M USDC on Solana Circle mints $500M USDC on Solana as cross-chain liquidity migration to Solana accelerates
Circle Mints $1B USDC on Solana Fast A 1 billion USDC mint on Solana occurred in under 20 minutes, adding a new large-scale issuance event to the ongoing Solana stablecoin activity.
Circle Shifts $910M USDC to Solana Circle burned $250 million USDC on Ethereum while simultaneously issuing $910 million USDC on Solana, reflecting a large cross-chain rebalancing of stablecoin supply between the two networks.
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