USDC Treasury issues 250 million new USDC tokens
- —$250 million in new USDC tokens were minted
- —The data comes from Whale Alert
- —USDC remains pegged to the US dollar
- —Growth in USDC deposits was noted in Morpho
Why it matters: Rising USDC issuance signals an inflow of liquidity into the market and increased demand for stablecoins.
Source: Coinfomania