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Stablecoins@whale_alert on XFiled 35 h ago

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Circle’s USDC Treasury minted 250 million USDC, valued at roughly $249.86 million, according to a Whale Alert report that linked the transaction to Solana. The issuance is a single large supply increase for the dollar-pegged stablecoin rather than a market price move. It matters because USDC mints of this size can signal fresh liquidity being staged for trading, payments, or DeFi deployment, and the Solana link points to activity on that network. Traders will watch whether the new tokens are quickly distributed into circulation or remain parked at the treasury, and whether follow-on mints or redemptions continue.

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USDC, Circle (CRCL), Whale Alert, Solana (SOL)

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