Circle's USDC Treasury minted 250 million USDC (approximately $249.84 million) on Wednesday, October 28, 2026. The large-scale issuance marks another significant expansion of the stablecoin's circulating supply.
This follows a pattern of substantial USDC mints in recent weeks, reflecting growing demand for dollar-pegged stablecoins amid active market conditions. The new tokens were created directly by the USDC Treasury contract, signaling institutional or exchange-level liquidity provisioning.
USDC Treasury Mints 250 Million USDC in Latest Stablecoin Expansion
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.
