Circle Mints 50 Million USDC on Ethereum Network

On August 7, blockchain data indicates that Circle's USDC Treasury minted 50 million USDC at 23:16 Beijing time via the Ethereum network.

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Summary

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Terms & Concepts
  • USDC: USD Coin is a stablecoin pegged to the US dollar issued by Circle.
  • Ethereum: A decentralized blockchain network that supports smart contracts and digital transactions.