ChainCatcher reported, citing Whale Alert, that the USDC Treasury minted an additional 76 million USDC on the Ethereum blockchain. This marks another on-chain mint by the issuer, increasing the supply of the stablecoin in circulation. Whale Alert’s data confirms the mint occurred on Ethereum, reinforcing USDC’s expanding liquidity footprint on major smart-contract platforms. Market participants should note that minting events reflect treasury activity and do not guarantee price movements.
Investors are advised to monitor on-chain activity and liquidity trends as USDC continues to scale on Ethereum. ChainCatcher, citing Whale Alert, reports that the USDC Treasury minted an additional 76 million USDC on the Ethereum blockchain. This constitutes another on-chain mint by the issuer and increases the stablecoin’s circulating supply. Whale Alert data confirms the mint occurred on Ethereum, reinforcing USDC’s expanding liquidity footprint on major smart-contract platforms.
The development underscores ongoing issuance of USDC on the network. Market participants should note that minting events reflect treasury activity and do not guarantee price movements. Investors are advised to monitor on-chain activity and liquidity trends as USDC continues to scale on Ethereum.
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