Circle has minted a staggering $1.25 billion in USDC on the Solana blockchain over the past week, bringing total USDC issuance on Solana to $24 billion in 2025.
This underscores Solana’s increasing importance as a settlement layer for stablecoins, thanks to its speed and low fees.
Coinbase Cuts USDC Fees on Base
Coinbase, in partnership with payment processor Mercuryo, is slashing USDC on-ramp fees on its Base network by approximately 50%, making transfers for MetaMask users significantly cheaper.
#Gate July Transparency Report# #BTC ETFs Top $153B in Holdings# #Fed Ends Novel Activities Su