Over $156 Million in USDC Moved from Galaxy Digital to Unknown Wallet
The transfer involved more than 156 million USDC tokens, valued at approximately $156.42 million, to an unidentified address.
USDC
Summary
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Terms & Concepts
- USDC: A U.S. dollar-pegged stablecoin issued by Circle, designed to maintain a 1:1 value with the U.S. dollar.
- Wallet Address: A unique identifier used to store, send, and receive cryptocurrencies on a blockchain network.
- Galaxy Digital: A diversified financial services and investment management company focused on digital assets and blockchain technology.