BlockBeats reported on June 14 that, according to monitoring by Whale Alert, USDC Treasury minted 250 million USDC on the Solana blockchain two minutes earlier. The on-chain alert identified the asset as USDC and recorded the minting activity on the Solana network.
USDC is a widely used U.S. dollar stablecoin in the crypto market, while Solana is a public blockchain that supports token issuance and transfers. The information was published by BlockBeats under its whale movement category, with the focus on tracking a large stablecoin minting event reported by Whale Alert.
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