USDC Treasury Mints Over 50 Million USDC on Ethereum

According to BlockBeats, on September 22, Whale Alert reported that the USDC Treasury has minted 50,109,449 USDC on the Ethereum blockchain. This significant minting event highlights the ongoing activity and demand for the stablecoin within the cryptocurrency market. The newly minted USDC tokens are expected to be utilized across various decentralized finance (DeFi) platforms and other blockchain-based applications, contributing to the liquidity and stability of the digital asset ecosystem.