Circle, the issuer of the widely used USDC stablecoin, has continued its aggressive expansion on the Solana blockchain by minting an additional $250 million worth of USDC. This recent mint marks a significant milestone, bringing the total amount of USDC minted on Solana over the past seven days to an impressive $1 billion. Circle’s strategy to increase its presence on Solana is a part of a broader push to solidify its dominance in the stablecoin market, particularly as decentralized finance (DeFi) and blockchain adoption continue to grow. Circle’s Growth on Solana: A Key Player in Stablecoin Expansion Circle has taken
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