USDC Treasury mints 250 million USDC, Whale Alert detects issuance
About 250 million newly issued USDC, roughly $250,048,875 or about ¥40.6 billion, was detected around 11:30 p.m. on the 13th, highlighting the stablecoin’s role in crypto market liquidity, settlement and transfers.
USDC
CORE
Fact Check
The Whale Alert official X post confirms 250,000,000 USDC minted at USDC Treasury on 2026-07-13, consistent with the claimed 2.5億枚 mint around 23:30 on the 13th. The Bitbank breaking-news article corroborates the amount, the ~¥40.6 billion yen valuation, the timing, and attributes the detection to Whale Alert. Both an authoritative primary source and a secondary news source align with the claim.
Summary
USDC Treasury minted 250 million new USDC tokens, with Whale Alert detecting the issuance around 11:30 p.m. on the 13th. The mint was valued at approximately $250,048,875, or about ¥40.6 billion. Because USDC is a dollar-pegged stablecoin widely used for settlement, fund parking, transfers between exchanges and trading liquidity, large issuances are often watched as an indicator of market liquidity and user demand, though the reported core fact is the creation of 250 million new tokens.
Terms & Concepts
- USDC: A U.S. dollar-pegged stablecoin.
- stablecoin: A crypto token designed to track a stable asset, often the U.S. dollar.
- minted: New tokens created and added to circulation.