Solana
Circle’s USDC minting created $1 billion in 10 minutes as its peg held
The Cryptonomist·November 4, 2026·1 min read
Circle minted 1 billion USDC in about 10 minutes on November 2, 2026, through four transactions of 250 million tokens each, matching the size of five October issuances on Solana. USDC maintained its $1 peg, though newly minted tokens do not necessarily enter circulation immediately.
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