$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
Canada to launch spot Solana ETFs this week: report Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged Transaction fees generated on Solana network fall to lowest weekly amount since September Chainalysis expands Solana coverage to include Pump.fun memecoins
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