USDC migrates to SolanaFirst of 3
Circle Shifts $910M USDC to Solana
Circle Burns $250M USDC on Ethereum, Issues $910M on Solana in Cross-Chain Rebalance
Circle is rapidly shifting USDC liquidity from Ethereum to Solana through increasingly large minting events.
Circle burned $250 million USDC on Ethereum while simultaneously issuing $910 million USDC on Solana, reflecting a large cross-chain rebalancing of stablecoin supply between the two networks.
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- Circle burns $250M USDC on Ethereum, issues $910M on Solana · cryptobriefing.com · T2