$100 Million USDC Transferred from Treasury to Coinbase

A substantial transfer of USD Coin from its official treasury wallet to cryptocurrency exchange Coinbase signals notable asset movement.

USDC

112d ago

Summary

No Summary provided as the original text is short

Terms & Concepts

USDC (USD Coin): A stablecoin pegged to the U.S. dollar, issued by Circle, designed to maintain a 1:1 value with USD.
USDC Treasury: The official reserve wallet used for issuing or redeeming USD Coin, managed by its issuer.
Coinbase: A major U.S.-based cryptocurrency exchange that facilitates buying, selling, and storing digital assets.