๐ต USDC Treasury Mints Additional 50 Million USDC! ๐ต
According to Odaily and Whale Alert, the USDC Treasury has minted 50 million USDC. This minting boosts the supply of the stablecoin, which is pegged to the US dollar. ๐ฐ
The new supply is part of a routine process to ensure liquidity and stability in the crypto market, supporting financial activities such as trading, lending, and blockchain-based transactions. ๐
The cryptocurrency community is keeping a close watch on this development, as it may impact market dynamics and investor confidence.
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