DeFi· ★★· neutral·

USDC Treasury mints $250 million in new tokens

  • —Mint totaled $250 million, or about 250,009,749 USDC
  • —Stated goal is to boost market liquidity
  • —Mint was flagged by Whale Alert
  • —Trader reaction to the new supply is mixed
Why it matters: The supply increase could support liquidity as stablecoins face growing regulatory scrutiny.
#USDC
Source: Coinfomania
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