Circle mints $9.2B USDC on Solana amid US-Iran tensions

Circle minted $9.25 billion USDC on the Solana blockchain amidst rising U.S.-Iran tensions, setting a new weekly record. This reflects increased demand for stablecoins as safe-haven assets during periods of geopolitical risk. While a direct link isn't confirmed, the liquidity boost could moderately influence Solana’s price.