USDC Treasury mints 250 million USDC on Solana as October pattern continues

Circle's treasury contract issued another 250 million USDC on Solana, extending a string of same-sized mints this month Circle’s USDC Treasury has minted 250 million USDC, worth roughly $250 million, on the Solana blockchain. Whale Alert flagged the transaction, which landed around October 27–28, 2026, and Solscan data verified it. This is not the first mint of its size this month. Similar 250 million USDC issuances hit Solana on October 2, 6, 16, and 23. Circle’s treasury is on a schedule that looks less like a one-off and more like a recurring order. What actually happened on-chain The mint ran through the official USDC Treasury contract. That contract is the sanctioned gateway for creating and redeeming USDC tokens. A key caveat applies, though. A mint does not automatically mean more USDC is circulating in the market right now. Freshly minted tokens can sit in reserve. They may be held for future transfers or to meet specific demand on the network as it shows up. So the 250 million figure tells you about capacity being prepared on Solana. It does not, by itself, tell you that 250 million new dollars just hit trading desks. The peg did not blink USDC’s market price held steady t...