Circle has minted an additional 1 billion USDC coins in the past 24 hours. This recent activity reflects Circle’s ongoing efforts to expand its stablecoin supply. The minting of USDC is part of the company’s strategy to meet growing demand in the cryptocurrency market. As a stablecoin, USDC is designed to maintain a stable value, making it a popular choice among traders and investors. Circle’s actions may influence the broader cryptocurrency ecosystem as it adjusts its supply to align with market needs.
This update was auto-syndicated to Bpaynews from real-time sources. It was normalized for clarity, SEO and Google News compatibility.
