$USDC issuer Circle tweeted that $USDC on Solana is operating as expected and there are no issues with issuing or redeeming $USDC. $USDC is always redeemable 1 for 1 for US dollars. Any amount of $USDC can always be redeemed for free anytime.
Circle
Solana
Stablecoins
Circle's post-IPO stock surge pushes market cap near Coinbase and USDC XRP Ledger adopts USDC one week after Circle goes public Wall Street back-office giant DTCC mulls stablecoin integration: report Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
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