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- The 250M USDC mint on Solana brings Circle’s total 2025 issuance to 8B, fueled by rising demand for regulated stablecoins.
- By adhering to MiCA regulations, Circle’s USDC sees growing popularity in Europe, while non-compliant stablecoins face delisting.
- Circle’s USDC supply surged 16% last month, pushing its market cap to $57.19B as the company expands its ecosystem and global reach.
Circle has created only 250 million USDC on Solana, thus increasing the overall USDC created for the year 2025 to 8 billion. The latest mint was disclosed by on-chain analysis platform Spot On Chain on 24 February. The platform also pointed out that Circle had increased the volume of USDC on Solana network by one billion in the last week to further correlate this rising trend with the increasing demand for regulated stablecoins.
In January, Circle created 6 billion USDC on Solana, but in February, another 2 billion USDC were produced, and it comes to 8 billion within two months. This dramatic increase in the circulation of Circle’s USDC can be attributed to the growing DeFi and trading volume on Solana, which has been increasing the demand for USDC within the network.
Circle’s Compliance Boosts Popularity
Another factor to consider is also that circle’s USDC has captured the market since it follows regulatory rules and standard for operation in the global markets. In Europe, Circle has become more popular due to its compliance with the Markets in Crypto-Assets (MiCA) regulations. Nonetheless, others such as Tether’s USDT have experienced delisting from popular trading platforms including Crypto.com and Kraken to the benefit of USDC.
Circle’s regulatory advantage it also found major boost in recent times in terms of getting requisite licenses. Indeed, Circle was granted the Electronic Money Institution license by French authorities enabling more operations in Europe. These licenses place Circle in competition but put the company in a position to expand its USDC offer while also strengthening its market position in the European Union and beyond.
Based on the growth aspect, the circulating supply of USDC has increased considerably month after month. Nevertheless, USDT token supply has increased only 2.5 times over the last month, while the USDC token supply rose 16%. This has made USDC market capitalization to reach $57.19 billion as per the statistics from DeFi Llama, placing it among the most dominant stablecoins in the current market.
Circle’s Ecosystem Advancements
Besides stablecoin issuance, Circle continues its work on its ecosystem expansion. Circle made a strategic acquisition in January 2025 when it acquired a firm known as Hashnote which deals in tokenized real-world assets thus deepening its market share in the tokenized treasury marketplace. The acquisition is a good move for Circle as it will boost its overall market position because tokenized assets are gradually penetrating the market.
With these tendencies, Circle remains a leading player in the sphere of stablecoins throughout the world. This is due to regulatory compliance, expansion of the ecosystem, and adoption of USDC in such a rapidly growing space as digital finance.
