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The Polylog Crypto Intelligence Brief

Morning Edition · Thursday, June 18, 2026

A $1 Billion USDC Mint on Solana Meets a DeFi App Winding Down

Fresh stablecoin liquidity arrives on Solana even as users of a shutting application face an unfinished recovery and a September deadline.

A $1 Billion USDC Mint on Solana Meets a DeFi App Winding Down

A fresh $1 billion mint of USDC on Solana signaled that stablecoin liquidity continues to move onto the chain quickly. USDC remains the second-largest dollar-pegged token with $74.72 billion in circulation, behind Tether's $186.39 billion,…

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