BREAKING
200d 2h ago
USDC Treasury Mints 100 Million USDC on Ethereum Chain, Whale Alert Reports
ETH
ETH/USDT
$2,127.12
+4.51%
$2,127.12
+4.51%
(24s)24h Volume
$39,049,302,904.94
24h H/L
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate
-0.0018%
Shorts pay
Data provided by COINOTAG DATALive data
On July 25, Whale Alert reported a significant activity involving the USDC Treasury, which minted 100 million USDC tokens on the Ethereum blockchain. This issuance reflects ongoing liquidity adjustments within the stablecoin market, underscoring USDC’s role as a key player in decentralized finance ecosystems. The minting event, confirmed just minutes prior to the report, highlights the Treasury’s active management of supply to meet market demand. Such movements are closely monitored by investors and analysts, given their potential impact on stablecoin circulation and overall crypto market stability.
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