Circle Continues to Drive USDC Adoption on Solana with Latest 250 Million Issuance

Regulated Stablecoin Demand on the Rise

Circle has minted an additional 250 million USDC on the Solana blockchain, bringing the total issuance in 2025 to 8 billion USDC. This latest issuance, reported by on-chain analytics firm Spot On Chain, highlights the growing demand for regulated stablecoins like USDC.

USDC Adoption on Solana

According to Spot On Chain, Circle has added 1 billion USDC to Solana in the past seven days, with a total of 6 billion USDC minted in January and 2 billion in February. The increasing adoption of USDC on Solana can be attributed to the network’s rising DeFi activity and significant trading volumes.

Regulatory Shifts Boost USDC Supply

The growing supply of USDC has also been driven by regulatory shifts in the stablecoin market, particularly in Europe. Circle’s compliance with the Markets in Crypto-Assets regulations has led to growing adoption within the European markets. In contrast, non-compliant stablecoins like Tether’s USDT have been delisted by exchanges like Crypto.com and Kraken in the European Union.

Circle’s Regulatory Advantage

Circle continues to secure important licenses, such as the Electronic Money Institution license from French authorities. This regulatory benefit is already having an impact, with USDC’s circulating supply growing by 16% over the past month, compared to USDT’s 2.5% growth.

USDC Market Capitalization Reaches $57.19 Billion

The recent developments have contributed to driving USDC’s market capitalization to $57.19 billion, according to DefiLlama data. Circle’s growing ecosystem, including the acquisition of Hashnote and the launch of Paymaster, has also strengthened its position in the tokenized treasury market.

USDC Expansion Across Blockchain Networks

Circle has expanded its reach to 16 blockchain networks, including the recent launch of USDC on Aptos. This increased accessibility is expected to further drive USDC adoption and solidify Circle’s position as a major player in the global stablecoin industry.

With Circle’s regulatory stance strengthening and USDC’s role in DeFi growing, the firm is establishing itself as a major player in the global stablecoin industry.

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