2024

Million

USDC

Coin

<ul class="wp-block-list news-points">
 <li><strong>Whale Alert reported a minting of 50 million USDC, boosting liquidity and interest in cross-border transactions in Latin America.</strong></li>
 <li><strong>Circle’s integration with PIX and SPEI enhances USDC access in Brazil and Mexico, offering faster, cost-effective remittance solutions.</strong></li>
 <li><strong>USDC’s market sentiment remains cautious, with neutral RSI and MACD readings, signaling controlled trading momentum among investors.</strong></li>
</ul>
<p><a href="https://coinedition.com/whale-alert-100m-xrp-moved-as-price-tanks-by-19/" rel="noopener noreferrer nofollow">Whale Alert</a> reported the minting of 50 million USDC (worth $50.01 million) at the USDC Treasury. The USD Coin (USDC) price stands at <a href="https://coinmarketcap.com/currencies/usd-coin/" target="_blank" rel="noopener noreferrer nofollow">$0.999851</a>, with a 24-hour trading volume of $8.21 billion. In the past 24 hours, the USDC market cap is $35.49 billion, with a circulating supply of 35.5 billion USDC coins. Market activity around USDC appears mixed, with volume surges combined with cautious trading. Meanwhile, Circle has taken a major step by expanding USDC access in Brazil and Mexico.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4b5.png" alt="💵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4b5.png" alt="💵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4b5.png" alt="💵" class="wp-smiley" style="height: 1em; max-height: 1em;"> 50,000,000 <a href="https://twitter.com/hashtag/USDC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#USDC</a> (50,010,000 USD) minted at USDC Treasury<a href="https://t.co/qmliBKH1D4" target="_blank" rel="noopener noreferrer nofollow">https://t.co/qmliBKH1D4</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1841496788923994129?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 2, 2024</a>
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<h2 class="wp-block-heading" id="h-usdc-trading-volume-and-market-sentiment">USDC Trading Volume and Market Sentiment</h2>
<p><a href="https://coinedition.com/blackrocks-defi-push-continues-with-3-35m-usdc-transfer-to-ondo-finance/" rel="noopener noreferrer nofollow">USDC</a> trading volume hit 17.65 million USDC, showing strong liquidity and interest in the stablecoin. The Relati…</p>
<p>The post <a href="https://coinedition.com/usdc-whale-alert-50-million-usdc-minted-circle-expands-access/" rel="noopener noreferrer nofollow">USDC Whale Alert: 50 Million USDC Minted, Circle Expands Access</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

USDC Whale Alert: 50 Million USDC Minted, Circle Expands Access

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