Massive USDC Minting Event: Over $53 Million Minted

In a significant development, the #USDC Treasury has witnessed a massive minting event, with a staggering $53,362,974 USDC (equivalent to $53,349,634 USD) being minted just 19 minutes ago.

The transaction hash associated with this event is 👇

0x0568352ab81183d757e50ed1d2845e0f87770405828cec0f2280726b68a89ce6.

This sizable minting underscores a notable increase in the $USDC supply and could have potential implications for the broader crypto market.

It will be intriguing to observe how this influx of USDC impacts market dynamics and investor sentiments moving forward.