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5Institutional TransitionNewJun 16, 2026

USDC Treasury Mints 250M USDC on Solana

The USDC Treasury minted an additional 250 million USDC on the Solana blockchain. The minting indicates expansion of USDC supply on the Solana network.

Story timeline · 4 days

  1. Jun 21, 20267
    Hyperliquid USDH Markets Settled; HYPE and ZEC Post Gains on Weekend

    Hyperliquid settled USDH-denominated markets on HyperCore; HYPE and ZEC recorded notable weekend price gains; $180M in network-wide liquidations recorded with majority from short position liquidations.

  2. Jun 20, 20265
    Drift DEX Exploit Recovery Allocation Checker Goes Live; vHYPE and HYPE Ecosystem Post-Shutdown Updates

    Drift published $DFX allocation checker giving exploit victims first view of recovery amounts; partial resolution step for affected users.

  3. Jun 18, 20264
    Solana $1B USDC Mint Coincides With Drift App Shutdown and Unfinished Recovery

    A fresh $1B USDC mint on Solana was reported alongside the Drift protocol app shutdown and incomplete user recovery process.

  4. Jun 16, 20265· this story
    USDC Treasury Mints 250M USDC on Solana

Sources · 1