A post by @whale_alert on X.
250,000,000 $USDC (250,077,624 USD) minted at USDC Treasury
@whale_alert on X
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Circle’s USDC Treasury minted 250,000,000 USDC, valued at roughly $250,077,624, according to a Whale Alert post. The issuance represents a single large batch of the dollar-pegged stablecoin rather than a market-wide supply change disclosed in the alert. USDC is a major stablecoin used for trading, payments and on-chain liquidity, so large mints are typically watched as a signal of potential new demand or replenishment of issuer inventory. The alert did not specify which blockchain received the tokens or whether the mint reflects fresh capital inflows versus internal rebalancing. Market participants will watch subsequent transfers from the Treasury and changes in USDC circulating supply to gauge where the new tokens are deployed.
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Named in this story
USDC, USDC Treasury, Whale Alert