Cointime

Download App
iOS & Android

USDC

ALL From USDC

USDC Treasury newly minted 50,146,019 USDC

Whale Alert monitored that USDC Treasury added 50,146,019 USDC coins worth about $50,068,042 early this morning.

Coinbase: USDC supply has increased by more than 14% since early December

Coinbase stated in a research report that USDC, the second largest stablecoin in terms of market value, is making a comeback with increased global liquidity and rapidly growing usage outside of the United States, leading to a sharp increase in supply in recent months. Analysts David Duong and Li Liu wrote: "Since December 1, 2023, the supply of USDC has increased by 14.3%, exceeding $3.5 billion, bringing its total market value to $28 billion, while the increase in USDT during the same period was smaller, at 8.7%." USDT is a competitor of Tether, a stablecoin based on the US dollar and the largest stablecoin to date, with a market value of $98 billion.

USDC circulation dropped by $100 million in the past week

According to official data, as of February 22, Circle issued approximately $1.1 billion USDC and redeemed over $1.2 billion USDC in the past 7 days, reducing the circulation by $100 million. The total circulation of USDC is $28 billion, with a reserve of $28.1 billion, of which $2.9 billion is in cash and Circle Reserve Fund holds $25.2 billion.

Yellow Card will introduce digital stablecoin USDC

The stablecoin entry and exit channel Yellow Card will introduce the digital stablecoin USDC and use USDC on Stellar to enhance financial trading capabilities. Through USDC on Stellar, Yellow Card users can enjoy expedited transactions, enhancing the convenience and practicality of digital currency transactions.

USDC circulation increased by $800 million in the past week

According to official data, as of February 1, Circle issued approximately 2.4 billion USDC and redeemed over 1.5 billion USDC in the past 7 days, resulting in a circulation increase of 800 million USDC. The total circulation of USDC is 26.8 billion US dollars, with a reserve of 26.8 billion US dollars, of which 3.2 billion US dollars are in cash, and the Circle Reserve Fund holds 23.6 billion US dollars.

Circle donates $50,000 in USDC to PIFS Scholarship Program

Circle has announced a donation of $50,000 USDC to the Plan for International Financial Systems (PIFS) Scholarship Program. PIFS aims to enhance regulatory roles in building the global financial system and the program is designed to arrange training programs for financial regulatory agencies in developing economies in Africa, Eurasia, and Latin America.

50 million USDC are minted in the USDC Treasury

Whale Alert monitoring shows that approximately 50 million USDC were minted in the USDC Treasury about half an hour ago, worth $50,005,000.

Over 74 million USDC transferred to Coinbase Institutional

According to the blockchain data tracking service Whale Alert, at around 22:45 on January 31st Beijing time, an address starting with "0xf487" transferred 74,007,416 USDC to Coinbase Institutional via the Ethereum blockchain, worth approximately $74,081,424.

USDC circulation increased by $300 million in the past week

According to official data, as of January 25th, Circle issued 2.1 billion USDC and redeemed 1.8 billion USDC in the past 7 days, increasing the circulating supply by 300 million USDC. The total circulating supply of USDC is 25.9 billion USDC, with a reserve of 26 billion USDC, including 3.3 billion USDC in cash and 22.7 billion USDC held by the Circle Reserve Fund.

Binance transfers 300 million USDC to the address starting with 0xD615

Scopescan monitoring shows that Binance transferred 300 million USDC to address 0xD615, and the address received 0.01 ETH Gas from opensea user 0x3d24.