The USDC Treasury has minted 59,989,950 USDC, equivalent to approximately $59,962,744 USD. 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 Nearly $60 Million in New USDC
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.