USDC Treasury Mints Over 100 Million USDC On Ethereum Blockchain

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Zhrnutie AI

The USDC Treasury's substantial minting of 100 million USDC on Ethereum indicates a potential increase in demand for the stablecoin, suggesting future growth and adoption.

According to PANews, on-chain data tracking service Whale Alert has detected significant activity from the USDC Treasury on the Ethereum blockchain. This morning, the USDC Treasury minted over 100 million USDC. Specifically, around eight hours ago, 50,560,000 USDC were minted, followed by an additional 50,000,000 USDC minted approximately five hours ago.

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