The USDC Treasury has minted a total of 750 million USDC in a series of rapid transactions. According to Solscan data, the minting occurred in three separate transactions, each amounting to 250 million USDC, completed within a 15-minute timeframe on November 17.
This significant minting activity highlights the ongoing demand and liquidity management efforts for USDC, a major stablecoin in the cryptocurrency market. The transactions were reported by PANews, underscoring the swift operational capabilities of the USDC Treasury.
USDC Treasury Mints 750 Million USDC in Rapid Transactions
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