Circle’s USDC minting created $1 billion in 10 minutes as its peg held
Article produced with artificial intelligence systems and published under the editorial responsibility of Amelia Tomasicchio. How we work Circle’s USDC minting accelerated on November 2, 2026, when four transactions created 1 billion USDC in about 10 minutes. Each mint contained 250 million tokens—the same size as the five October issuances on Solana—while USDC maintained its $1 peg. The distinction for market liquidity is that newly minted tokens do not necessarily enter circulation immediately.