USDC Treasury mints about 250 million USDC on Solana

The newly issued tokens were tracked by Whale Alert on June 11, adding fresh USDC supply on the Solana network.

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USDC

Summary

USDC Treasury minted about 250 million USDC on Solana on June 11, a move tracked by Whale Alert. New USDC issuance typically reflects treasury operations that create fresh stablecoin supply for trading, payments or liquidity needs across crypto markets.

Terms & Concepts
  • USDC Treasury: Issuer treasury that creates USDC tokens
  • minted: Created new tokens on a blockchain
  • Solana: Blockchain network for digital assets and apps