USDC Supply on Solana Surges to $8.64B After $3.5B Weekly Minting Spree
Circle's massive USDC minting on Solana highlights growing stablecoin adoption and capital velocity in decentralized finance.
Circle's massive USDC minting on Solana highlights growing stablecoin adoption and capital velocity in decentralized finance. XRP (XRP) is trading at $1.37, up 0.7% since this brief published. This is an original Token Times brief synthesising 2 outlets (TronWeekly, ZyCrypto), with their figures cross-checked, plus live market data, as of Tue, 13 Oct 2026 05:00:01 UTC.
This significant USDC minting on Solana underscores the platform's growing importance in DeFi and institutional payments, while also reflecting the increasing demand for regulated dollar liquidity in the crypto ecosystem.
- Circle minted $3.5B USDC on Solana in one week, reaching $8.64B total supply.
- Solana's DeFi TVL is $5.98B, while USDC's total circulating supply is $72.86B.
- The surge highlights growing stablecoin adoption in DeFi and institutional payments.
TronWeekly, ZyCrypto and U.Today all report a $3.5 billion USDC minting on Solana, bringing the total supply to $8.64 billion. TronWeekly emphasizes the implications for DeFi and institutional payments, while ZyCrypto focuses on Stellar's growth in the RWA tokenization market with $3.5 billion in tokenized assets. U.Today stands out by reporting on a critical XRP Ledger vulnerability that could have enabled the creation of trillions of XRP, though this is unrelated to the USDC minting.
Circle has minted a record $3.5 billion 
USDC on the 
Solana blockchain over the past week, according to multiple outlets. This massive issuance has increased the total USDC supply on Solana to $8.64 billion, marking a significant milestone for the platform's stablecoin ecosystem.
The surge in USDC minting highlights the growing importance of Solana in the decentralized finance (DeFi) space. Solana's DeFi total value locked (TVL) currently stands at $5.98 billion, according to DeFiLlama, demonstrating the platform's increasing role in facilitating capital movement and financial services.
While TronWeekly and ZyCrypto both confirm the $3.5 billion USDC minting figure, they differ in their areas of emphasis. TronWeekly focuses on the implications for DeFi and institutional payments, while ZyCrypto highlights Stellar's growth in the real-world asset (RWA) tokenization market, where the total value of tokenized assets has also reached $3.5 billion.
U.Today's coverage introduces an unrelated but notable development: the 
XRP Ledger Foundation's disclosure of a critical vulnerability that could have allowed the creation of an unlimited amount of XRP. This vulnerability was discovered and addressed before it could be exploited, but it underscores the ongoing security challenges in blockchain technology.
In the broader market context, the total crypto market cap is $2.86 trillion, with 
Bitcoin trading at $37,400 (-1.06% in 24 hours). The Fear & Greed Index stands at 57, indicating a state of 'Greed'. USDC's price remains stable at $0.999739, while Solana has experienced a 4.74% drop in the last 24 hours.
Since this brief published about 16 hours ago, XRP (XRP) has moved from $1.36 to $1.37 — +0.74%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹143.18 (about $1.37), down 3.5% over 24 hours. The rupee itself trades about 9.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
USDC Supply on Solana Surges to $8.64B After $3.5B Weekly Mi — questions & answers
What is the total USDC supply on Solana after this minting?
The total USDC supply on Solana is now $8.64 billion.
How much USDC did Circle mint on Solana in the past week?
Circle minted $3.5 billion USDC on Solana in the past week.
What is Solana's current DeFi TVL?
Solana's DeFi TVL is $5.98 billion.
How much is 1 XRP worth in rupee today?
About ₹143.18 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.37. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.74% since this brief first published — trading at $1.37 now versus $1.36 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from TronWeekly, ZyCrypto, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.