Circle minted $500 million in USDC on Solana, marking a significant milestone as the network processed $3.25 billion in USDC supply within a week. This surge is indicative of Solana's growing role in the stablecoin market, as it approaches a 10% share of total USDC supply, traditionally dominated by Ethereum.
Steve Schwarzman stated that the firm is 'navigating an intensely negative campaign against the private credit sector,' urging a separation of 'fact from fiction' regarding investor sentiment.