Circle’s $9.2B USDC mint on Solana signals crypto’s shift to digital safe-havens amid US-Iran tensions and market volatility.
Key takeaways
- Why Circle’s $9.2B USDC Minting on Solana Signals a Shift in Crypto Safe-Havens
- Circle didn’t just mint $9.2 billion in USDC on Solana—this happened as US-Iran tensions rattled global markets, sending oil briefly above $90 and sparking a scramble ...
- Circle’s choice of Solana for this operation is telling. Solana’s throughput and low fees stand out during stress; Ethereum, despite its reputation, is hampered by gas...
- As stablecoins become the liquidity backbone of digital finance, their role as safe-havens—especially during global uncertainty—only grows. Circle’s massive mint signa...
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Canonical source: https://mlxio.com/crypto/circle-mints-9b-usdc-solana-us-iran-tensions
