【Market Flash】$250 million in new USDC has just been minted: On-chain monitoring shows that USDC Treasury minted 250 million USDC today, effective immediately, to replenish liquidity and support market operations. Issued by Circle and pegged to the US dollar, USDC is a widely used stablecoin in the crypto ecosystem. Reports indicate that the increase in minting activity reflects growing institutional interest in stablecoins, while USDC use in DeFi is also rising amid volatile market conditions. (Source: Coinfomania)
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