USDC Treasury mints 250 million USDC
- —Mint totaled 250 million USDC, about $250 million
- —Whale Alert flagged the issuance on X
- —USDC holds its $1 peg
- —New supply may lift open interest in stablecoin-linked derivatives
Why it matters: Stablecoin inflows often precede higher trading activity and liquidity across crypto markets.
Source: Cryptonews.net