USDC Treasury Engages in Large-Scale USDC Minting and Transfer
Publication Time:2024-09-09 07:51:07
According to on-chain data tracking service Whale Alert, at approximately 6:36 AM Beijing time today, USDC Treasury carried out a significant USDC minting activity, adding 50 million USDC tokens and transferring these digital currencies to Coinbase. This marks a substantial movement of funds and asset reconfiguration by USDC Treasury within a short period. Over the past three days, USDC Treasury has added a total of 150 million USDC tokens, all of which were transferred to Coinbase, demonstrating its keen awareness of market dynamics and emphasis on liquidity management. Such actions not only reflect the vitality of USDC as a stablecoin in the financial market but also highlight its important position in the cryptocurrency sector.
USDC
Coinbase
Treasury
Transfer
minting