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〽️NEUTRAL

Tether Treasury mints $250M in fresh USDC.

A fresh $250 million in USDC — 250,000,000 tokens valued at approximately $249.97 million — was minted directly at the…

A fresh $250 million in USDC — 250,000,000 tokens valued at approximately $249.97 million — was minted directly at the USDC Treasury. On-chain data confirms the issuance, which is consistent with routine liquidity provisioning by Circle to meet institutional or exchange demand.

Large USDC mints of this scale typically signal incoming buy-side pressure somewhere in the market, as authorised participants pre-fund positions or replenish exchange reserves. No specific destination has been identified at this stage.

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Aggregated from Whale Alert · Verified · Last refreshed 13d ago
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Whale Alert @whale_alert · 13d ago
💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 250,000,000 $USDC (249,969,750 USD) minted at USDC Treasury https://t.co/eCV0IxdatS
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