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200 Million USDC Minted Within 24 Hours

The stablecoin saw a significant supply increase, adding 200 million new tokens to circulation in a single day.

USDC

Summary

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Terms & Concepts
  • USDC (USD Coin): A U.S. dollar-pegged stablecoin issued by Circle, designed to maintain a 1:1 value with the U.S. dollar.
  • Minting (crypto): The process of creating new tokens or coins on a blockchain, increasing the circulating supply.