Circle Has Minted $112 Billion USDC on Solana This Year, Nearly Double Last Year

October 27: According to Onchain Lens statistics, Circle minted 112.01 billion USDC on Solana across 448 transactions between January 1 and October 26, 2026, nearly double the 56.25 billion for all of 2025 — an increase of 99.1%. On October 26 alone, Circle minted a total of 500 million USDC through two transactions of 250 million each.

Monthly data shows that every month of 2026 has exceeded the strongest month of 2025, November, at about $8.25 billion. September set the 2026 single-month high at $13.5 billion, and October had already reached $13.25 billion through the 26th. Transaction size has remained at about $250 million. Note that the $112.01 billion figure is total USDC minted, not growth in net circulating supply; a complete assessment would also require analyzing burns, redemptions and changes in outstanding supply.