PANews reported on December 29th that, according to Whale Alert monitoring, the USDC Treasury just minted 76,000,000 USDC on the Ethereum blockchain, worth approximately $76 million. Subsequently, 50 million, 67.96 million, and 50 million USDC were burned on the Ethereum blockchain.
The USDC Treasury minted 76 million new USDC on Ethereum and burned nearly 168 million USDC.
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