The USDC Treasury has minted 86,011,399 USDC tokens, equivalent to approximately $85,977,468. This significant issuance reflects ongoing demand for the stablecoin, which is pegged to the US dollar. The minting of new USDC tokens is a routine process to meet market liquidity needs and facilitate transactions within the cryptocurrency ecosystem.
USDC Treasury Mints $86 Million in New USDC Tokens
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