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USDC Supply on Solana Surges to $8.64B After $3.5B Weekly Mint

Circle's massive USDC minting on Solana highlights growing DeFi and institutional adoption of the stablecoin.

Circle's massive USDC minting on Solana highlights growing DeFi and institutional adoption of the stablecoin. XRP (XRP) is trading at $1.37, up 0.7% since this brief published. This is an original TLT brief synthesising 2 outlets (TronWeekly, ZyCrypto), with their figures cross-checked, plus live market data, as of Tue, 13 Oct 2026 04:15:02 UTC.

Why it matters

The record $3.5 billion USDC mint on Solana demonstrates increasing institutional and DeFi adoption of the blockchain for regulated dollar liquidity, potentially boosting its position in the stablecoin ecosystem.

Covered by 2 outlets over about 5.4 h — TLT synthesises them all into one brief
  1. TronWeekly
    USDC Mint on Solana: Huge $3.5B Surge to $8.64B Record ↗
  2. ZyCrypto
    Stellar’s $3.5 Billion RWA Surge Leaves XRP Ledger, Solana and Avalanche Playing Catch-Up ↗
Key takeaways
  • Circle minted $3.5B USDC on Solana in one week, reaching $8.64B total supply.
  • Solana's DeFi TVL is $5.98B, while Avalanche's is $613M.
  • The minting highlights growing institutional and DeFi demand for USDC on Solana.
What the reporting agrees on

TronWeekly and ZyCrypto both report a $3.5 billion USDC mint on Solana, bringing the total supply to $8.64 billion. However, ZyCrypto also emphasizes Stellar's growth in the RWA tokenization market, reaching a $3.5 billion milestone, suggesting a broader trend in tokenized asset adoption across different blockchains.

Circle has minted a record $3.5 billion USDC on the Solana blockchain over the past week, according to TronWeekly and ZyCrypto. This significant issuance has increased the total USDC supply on Solana to $8.64 billion, highlighting the growing demand for regulated dollar liquidity on the network.

The surge in USDC minting on Solana underscores the blockchain's increasing importance in the DeFi and institutional payment sectors. Solana's DeFi TVL stands at $5.98 billion, according to DeFiLlama, while Avalanche's TVL is significantly lower at $613 million, indicating Solana's stronger position in the DeFi space.

ZyCrypto also notes that Stellar is making gains in the RWA tokenization market, with the total value of tokenized assets on its network reaching $3.5 billion. This suggests a broader trend of tokenized asset adoption across different blockchains, with both Solana and Stellar showing strong growth.

The total crypto market cap currently stands at $2.86 trillion, with Bitcoin down 1.06% in the last 24 hours. USDC's price remains stable at $0.999739, with a market cap of $72.71 billion. Solana's native token, SOL, is trading at $106.49, down 4.74% in the last 24 hours.

The Fear & Greed Index is at 57, indicating 'Greed' in the market. This suggests that while the overall market is experiencing a downturn, investor sentiment remains relatively positive.

Market reaction since this brief Live

Since this brief published about 15 hours ago, XRP (XRP) has moved from $1.36 to $1.37 — +0.74%.

$1.36$1.36$1.37$1.37$1.37 published · $1.36 now · $1.37 (+0.74%) Oct 12 13:15 UTC Oct 13 04:15 UTC
BeforeSince publishPublished · $1.36
CoinAt publishNowSince publish
XRP$1.36$1.37+0.74%
USDC$0.9997$0.9998+0.01%
SOL$106.49$107.61+1.05%

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 TLT'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.

What this means in naira

At today's peer-to-peer rate, 1 XRP ≈ ₦1,873.29 (about $1.37), down 2.6% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian 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.

XRP
#5
$1.37 ▼ 2.64%
+0.74% since this brief published
7d -8.70%MCap $86.21BFull XRP data →
USDC
#6
$0.9998 ▲ 0.01%
7d -0.01%MCap $72.70BFull USDC data →
#7
$107.61 ▼ 3.47%
+1.05% since this brief published
7d -10.67%MCap $63.40BFull SOL data →
The market when this published · October 12, 2026
Total market cap$2.86T
Bitcoin 24h-1.06%
Ethereum 24h-2.27%
BTC dominance58.2%
Fear & Greed57 · Greed
Cross-source data check

1 key figure independently matched across 2 outlets reporting this story.

$3.5B2× corroboratedTronWeekly, ZyCrypto

TLT 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.

On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.

Avalanche TVL$143.46M+0.2% 7dDeFiLlama ↗
USDC circulating supply$72.86BDeFiLlama ↗
SectorTokenized real-world assets (RWA)$4.66Bacross 32 protocolsDeFiLlama ↗
Solana DeFi TVL$6.03BDeFiLlama ↗

TLT 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 the mint?

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 DeFi TVL compared to Avalanche's?

Solana's DeFi TVL is $5.98 billion, while Avalanche's is $613 million.

How much is 1 XRP worth in naira today?

About ₦1,873.29 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.37. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira 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. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT 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.

In this storyCircle Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 13, 2026 ⛓ Timestamped at Bitcoin block #971,178 sha256:79a2082b3dd5292f
Corroborated across 2 outlets, reported over about 5.4 h — this is an original TLT summary with live market data, not the original article.TronWeekly · Oct 12 13:15 ↗ZyCrypto · Oct 12 18:36 ↗

Original summary — not financial advice. This is an original TLT 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.