$100 Million USDC Transferred from Treasury to Coinbase

Blockchain data shows USDC Treasury moved over $100 million worth of USD Coin to crypto exchange Coinbase.

USDC

Summary

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Terms & Concepts
  • USDC (USD Coin): A stablecoin pegged to the U.S. dollar, issued by Circle to facilitate fast and stable crypto transactions.
  • USDC Treasury: An official wallet controlled by the issuer of USD Coin, used to manage token supply and transfers.
  • Coinbase: A major U.S.-based cryptocurrency exchange that enables buying, selling, and storing digital assets.