Back

Whale Alert Reports 387.3 Million USDC Transfer Between Unknown Wallets

The transaction involved 387,314,927 USDC, valued at about $387.36 million, moving from one unidentified blockchain address to another.

USDC

Summary

No Summary provided as the original text is short

Terms & Concepts
  • USDC: A U.S. dollar-backed stablecoin designed to maintain a 1:1 value with the dollar.
  • Stablecoin: A cryptocurrency pegged to another asset, commonly the U.S. dollar, to reduce price volatility.
  • Wallet: A blockchain address or tool used to store, send, and receive digital assets.