Circle issues 250 million USDC on Solana: Can it compete with Tether?

Circle’s recent mint of 250 million USDC on the Solana blockchain is a strategic move to enhance DeFi liquidity, mirroring previously executed mints throughout 2025.

As Circle increases its stablecoin supply, Tether presents new competition with its USA₮, underlining the evolving dynamics in the stablecoin market while Circle’s stock price reflects investor concerns.

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