Circle, a financial tech company known for creating and issuing the USDC stablecoin has made new waves after minting fresh rounds of USD Coin (USDC) on Solana. This new market development resurfaces again after a series of similar minting in the last few months.
Solana Sees Fresh 500M USDC Injection, $20B Total Since October
According to a post on X by SolanaFloor, Circle minted $500 million minted USDC on the Solana blockchain. This new mint, joins a series of familiar moves that have been happening in the market. A deep dive into this reveals that on November 28, Circle minted the same amount of USDC. At the time, the minting consisted of two transactions of 250 million USDC each.
It also minted another $750 million worth of USDC on December 1, 2025. The latest and prior mints reveals that Circle and its rival Tether have both minted a combined $20 billion worth of stablecoins since the October 11 market crash.
🚨JUST IN: @circle minted another $500M $USDC on Solana in the last 60 minutes. pic.twitter.com/e6LOnbo2Vk
— SolanaFloor (@SolanaFloor) December 4, 2025
Notably, USD Coin remains the second largest stablecoin by market value, ranking only behind Tether. According to the available market data, USDC’s market cap stands at $78.04 billion, while USDT dominates the stablecoin sector with $185.3 billion in valuation. The continuous, large-scale minting and the market cap uptick suggests increasing demand from institutions, reinforcing Solana’s role as a platform for stablecoin flows.
Solana Sees Modest Gain
Tracking the ongoing price movement at the time of publication, CoinMarketCap data confirms that SOL trades at a price value of $143.67, reflecting a 1.04% increase over the last 24 hours. The price trend shows moderate fluctuations, with the price rising steadily after some decline in the earlier part of the day. The price peaked slightly above $146 during the 24-hour period before stabilizing around $143.60.
Trading volume over the last 24 hours reached $5.15 billion, while the market capitalization stands at $80.42 billion, marking a 1.04% increase. The price behavior indicates positive momentum over the recent hours. Another look at the Circle’s stock trend after the mint reveals that Circle Internet Group (CRCL) stock closed at $86.29, up by $8.85 (+11.43%).
In pre-market trading, the price was $86.75, showing a gain of $0.38 (+0.44%). The stock opened at $86.57, with a high of $86.61 and a low of $86.55.
The CoinRemark Team
