Circle is set to issue an additional 1 billion USDC on the Ethereum network. This move is part of Circle’s ongoing efforts to expand its stablecoin offerings. The issuance aims to enhance liquidity and support the growing demand for USDC in various applications. By leveraging the Ethereum blockchain, Circle intends to provide users with greater access to its digital dollar. This additional supply is expected to facilitate transactions and bolster the overall ecosystem surrounding USDC.
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