Circle's USDC Treasury minted 250 million USDC ($250,086,750) in a single batch, marking one of the largest stablecoin issuance events on record. The new supply was created directly at the USDC Treasury contract, signaling institutional or market-maker demand for dollar-backed liquidity.
The mint follows recent patterns of large-scale USDC issuances that have accompanied periods of elevated crypto trading activity and DeFi capital inflows. USDC remains the second-largest stablecoin by market capitalization, with total supply now reflecting this significant addition to circulating liquidity.
USDC Treasury Mints $250 Million in Largest Stablecoin Issuance Event
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