USDC Treasury Mints 250 Million USDC, Signaling Potential Demand Increase

A recent minting of 250 million USDC stablecoins has been reported by Whale Alert. According to NS3.AI, this event took place at the USDC Treasury, resulting in an increase in the circulating supply. The minting could suggest a rising demand for USDC or a strategic move for liquidity management within the cryptocurrency ecosystem.