Circle has minted an additional 500 million USDC, expanding the supply of its stablecoin. This move comes as part of Circle's ongoing efforts to meet growing demand for USDC, which is pegged to the US dollar. The new issuance highlights the increasing adoption of stablecoins in the cryptocurrency market, providing liquidity and stability for digital transactions.
Circle Mints 500 Million USDC in New Issuance
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
