250 Million USDC Newly Issued: Whale Alert
21 January, 2025, 11:30 AM
250 million USDC has been newly issued from USDC treasury's address, according to Whale Alert. This is a significant development, as it increases the supply of USDC in circulation. USDC is a stablecoin pegged to the US dollar, and it is one of the most popular stablecoins in the cryptocurrency market. The issuance of new USDC could help to increase liquidity and stability in the cryptocurrency market, especially during periods of volatility.
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