Circle minted 250M USDC on Solana, lifting 2026 total to 70.26B amid rising stablecoin supply growth.

According to the source, Bitwise said Solana (SOL) will be Wall Street's stablecoin network. Source: Bitwise. Visa has integrated USDC settlement on Solana, and PayPal's PYUSD is available on Solana, indicating existing institutional usage of the chain for stablecoin settlement. Sources: Visa; PayPal and Paxos. Solana experienced a network outage on Feb 6, 2024, underscoring reliability considerations for institutional settlement. Source: Solana Status.