USDC Treasury just minted 85 million tokens worth approximately $84.98M.
This marks another significant minting event for the stablecoin issuer. Large-scale minting operations like this often signal potential liquidity injections into the crypto market or institutional demand fulfillment.
The Treasury continues its role as the primary source for USDC supply management, with this batch adding substantial volume to the circulating supply.
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OnChain_Detective
· 8m ago
wait hold up... 85M minted in one go? let me pull the data real quick - this reeks of suspicious timing patterns ngl
Reply0
AirdropBuffet
· 12-02 21:02
85M USDC in one go, are institutions hoarding it?
View OriginalReply0
zkProofInThePudding
· 12-02 20:59
Another large issuance? Why didn't it pump this time and instead fell?
USDC Treasury just minted 85 million tokens worth approximately $84.98M.
This marks another significant minting event for the stablecoin issuer. Large-scale minting operations like this often signal potential liquidity injections into the crypto market or institutional demand fulfillment.
The Treasury continues its role as the primary source for USDC supply management, with this batch adding substantial volume to the circulating supply.