The USDC Treasury has minted 200 million new USDC in a span of one hour, according to Whale Alert. This significant issuance occurred through two separate transactions, highlighting the ongoing demand and liquidity management for the stablecoin. The rapid minting of USDC underscores its role in facilitating transactions and maintaining stability in the cryptocurrency market.
USDC Treasury Mints 200 Million USDC in Rapid Transactions
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