USDC Treasury newly minted 250 million USDC on the Solana ne
Two crypto media outlets reported on November 4, 2026, that USDC Treasury minted 250 million USDC on the Solana network at 02:14 Beijing time, worth approximately $250 million, and the transaction has been confirmed. PANews cited Whale Alert and Solscan, while Odaily said it was based on monitoring. The two have a slight discrepancy in date labeling.
Event timeline
- [11-04 18:26] Data: USDC Treasury newly minted 250 million USDC on the Solana network (PANews)
- [11-04 18:27] 250 million USDC newly minted on the Solana network (Odaily Planet Daily)
Background and impact
On November 4, 2026, PANews and Odaily Planet Daily successively reported that USDC Treasury minted 250 million USDC on the Solana network at 02:14 Beijing time, worth approximately $250 million. Both sources stated that the minting transaction has been confirmed. PANews said the information came from a post by Whale Alert on X and cited Solscan data showing the transaction was confirmed; Odaily Planet Daily's wording was “according to monitoring” and did not further explain the monitoring source. Neither report disclosed the receiving address, the reason for minting, or the subsequent use.
In terms of time labeling, there is a discrepancy between the two materials that should be pointed out truthfully. The PANews page publication time is 202