Bitcoin

Circle Mints 5 Billion USDC in a Week as Supply Race With Tether Heats up

Circle minted roughly 5 billion USDC over the past week, according to onchain trackers, in one of its largest weekly issuance pushes yet. A Record Week for Fresh Supply Onchain analytics platform Solscan revealed the roughly 5 billion USDC mint earlier today, with analysts noting that the issuance is just one of many billion-dollar mints…

Circle mint data AugustCircle minted roughly 5 billion USDC over the past week, according to onchain trackers, in one of its largest weekly issuance pushes yet. A Record Week for Fresh Supply Onchain analytics platform Solscan revealed the roughly 5 billion USDC mint earlier today, with analysts noting that the issuance is just one of many billion-dollar mints […]

Source: https://news.bitcoin.com/featured/circle-mints-5-billion-usdc-tether-race/