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Morning Edition · Thursday, June 18, 2026Published at 6:27 AM EDT · New York
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 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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