348 Million USDC Transferred From Coinbase Institutional to Coinbase
A transaction alert shows 348,000,000 USDC, valued at $347,994,432, moved between Coinbase-affiliated wallets.
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 reference asset, most commonly the U.S. dollar.