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$300 Million USDC Transferred Between Unknown Wallets

Blockchain data shows a large-scale transaction moving USD Coin (USDC) worth approximately $299.78 million between two unidentified wallets.

USDC

Summary

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Terms & Concepts
  • USD Coin (USDC): A U.S. dollar-pegged stablecoin used for digital transactions and trading on blockchain networks.
  • Wallet: A digital storage tool for cryptocurrencies, which can be software-based or hardware-based.
  • Blockchain Transaction: A recorded transfer of cryptocurrency between two addresses on a blockchain ledger.