130 Million USDC Moved From USDC Treasury to Coinbase
Blockchain transfer data shows 130,000,000 USDC moved from USDC Treasury to Coinbase, indicating a large stablecoin transaction involving exchange-linked wallet activity.
USDC
Summary
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Terms & Concepts
USDC: A U.S. dollar-pegged stablecoin designed to maintain a 1:1 value with the dollar.
Stablecoin: A cryptocurrency built to track a stable asset, commonly the U.S. dollar.
Treasury wallet: A blockchain wallet controlled by an issuer or organization for minting, holding, or moving tokens.