ChainCatcher reported, citing Arkham monitoring, that Circle has just transferred 4.397 billion USDC to Coinbase through HyperEVM. The on-chain movement involved Circle, Coinbase and the HyperEVM route, with USDC listed as the transferred asset.
USDC is a stablecoin issued by Circle. Arkham’s monitoring data shows that the transfer size reached 4.397 billion tokens, making it a large on-chain fund movement. The original report did not disclose any further use of the funds or related transaction arrangements beyond the monitored transfer details.
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