Over $373 Million in USDC Transferred Between Unknown Wallets
A large-scale USD Coin (USDC, U.S. dollar-pegged stablecoin) movement worth nearly $374 million has been detected between unidentified crypto wallets.
USDC
Summary
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Terms & Concepts
- USDC: USD Coin, a cryptocurrency stablecoin pegged 1:1 to the U.S. dollar, used for digital transactions and trading.
- Wallet: A digital tool, either software or hardware, that stores cryptocurrency and enables sending or receiving transactions.
- Blockchain Transaction: A recorded transfer of cryptocurrency between addresses on a blockchain, confirmed and secured by the network.