According to on-chain data monitoring from Onchain Lens, Circle has once again minted 1 billion USDC on the Solana network within the past 9 hours. More notably, within the 11-hour window, the two major stablecoin giants, Circle and Tether, jointly added a total of up to $2 billion worth of USDC and USDT.
This wave of intensive stablecoin issuance reflects strong market demand for liquidity. As a high-performance public chain, the Solana ecosystem is attracting increasing trading activity and capital inflows. From the data, the continuous issuance of stablecoins usually indicates that market participants are preparing for large transactions or position adjustments, which also indirectly suggests the current market activity level.
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ForkItAllDay
· 5h ago
$2 billion pouring in all at once, this pace is a bit aggressive.
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rugdoc.eth
· 5h ago
2 billion USD generated overnight, this pace is a bit intense, feels like a big move is brewing.
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fren.eth
· 5h ago
$2 billion suddenly pouring in, this pace is a bit intense
The rapid increase in stablecoins indicates that big players are planning a major move
SOL ecosystem attracting funds, is it really about to take off
Could this round of issuance be paving the way for a big drop
Circle and Tether acting simultaneously, it feels like there's a story behind it
Sufficient liquidity is good, and we can keep the momentum going
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CoffeeNFTs
· 5h ago
20 billion minted in one go, this pace is a bit fast, obviously indicating a major event is about to happen.
According to on-chain data monitoring from Onchain Lens, Circle has once again minted 1 billion USDC on the Solana network within the past 9 hours. More notably, within the 11-hour window, the two major stablecoin giants, Circle and Tether, jointly added a total of up to $2 billion worth of USDC and USDT.
This wave of intensive stablecoin issuance reflects strong market demand for liquidity. As a high-performance public chain, the Solana ecosystem is attracting increasing trading activity and capital inflows. From the data, the continuous issuance of stablecoins usually indicates that market participants are preparing for large transactions or position adjustments, which also indirectly suggests the current market activity level.