The post 90 Million USDC Minted on Ethereum by Treasury appeared on BitcoinEthereumNews.com. Key Points: USDC Treasury minted 90 million USDC on Ethereum. No primaryThe post 90 Million USDC Minted on Ethereum by Treasury appeared on BitcoinEthereumNews.com. Key Points: USDC Treasury minted 90 million USDC on Ethereum. No primary

90 Million USDC Minted on Ethereum by Treasury

Key Points:
  • USDC Treasury minted 90 million USDC on Ethereum.
  • No primary source confirmation available.
  • No immediate market shifts reported.

According to PANews on December 26, the USDC Treasury minted 90 million units of USDC on the Ethereum blockchain, yet no direct confirmations from Circle or major on-chain trackers are noted.

This unconfirmed USDC mint could suggest increased demand or market positioning, although lacking direct verification limits immediate assessment of repercussions within DeFi ecosystems or Ethereum liquidity metrics.

90 Million USDC Minted on Ethereum: Verification Lacking

Whale Alert reported that the USDC Treasury minted 90 million new USDC on Ethereum, although primary sources did not verify this event. Circle, responsible for USDC issuance, has not confirmed this minting through official channels.

Analysis of SVB’s failure and stablecoin implications provide essential lessons for understanding volatile financial environments.

Community and market response remains muted, with no major public statements from key industry figures such as Circle CEO Jeremy Allaire.

Stablecoin Market Sees Increased Activity, Yet Impact Remains Uncertain

Did you know? The USDC Treasury minted 60 million USDC just one day before this event, illustrating routine minting activity in stablecoin markets.

According to CoinMarketCap, USDC, priced at $0.99964, holds a market cap of $76.50 billion and dominates 2.59% of the market. Its 24-hour trading volume surged 73.24%, yet saw an overall 1.47% price decline, reflecting heightened trading activity.

USDC(USDC), daily chart, screenshot on CoinMarketCap at 21:06 UTC on December 26, 2025. Source: CoinMarketCap

Experts suggest, based on Coincu research, that continuous USDC issuance underscores stablecoin reliance, although fundamental changes require official validation to alter prevailing economic or technological themes.

Source: https://coincu.com/news/usdc-ethereum-mint-treasury-stablecoin/

Market Opportunity
USDCoin Logo
USDCoin Price(USDC)
$1.0005
$1.0005$1.0005
0.00%
USD
USDCoin (USDC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

WazirX founder confirms that the Indian crypto exchange’s dispute with Binance has escalated to formal litigation

WazirX founder confirms that the Indian crypto exchange’s dispute with Binance has escalated to formal litigation

WazirX founder and CEO Nischal Shetty has confirmed that the Indian crypto exchange’s dispute with Binance has escalated to formal litigation. This has raised concerns
Share
Coinstats2025/12/27 05:45
GBP/USD has moved into a range-trading phase – UOB Group

GBP/USD has moved into a range-trading phase – UOB Group

The post GBP/USD has moved into a range-trading phase – UOB Group appeared on BitcoinEthereumNews.com. Pound Sterling (GBP) has moved into a range-trading phase; softening underlying tone suggests it is likely to test the lower end of the 1.3470/1.3650 range first, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. GBP/USD is likely to test the lower end of the 1.3470/1.3650 range 24-HOUR VIEW: “After GBP briefly rose to 1.3726 two days ago and then plummeted, we indicated yesterday that ‘the brief rise did not result in any increase in upward momentum.’ We were of the view that GBP ‘is likely to range-trade between 1.3600 and 1.3665.’ GBP subsequently edged up to 1.3661 and then plummeted to a low of 1.3534. While the sharp drop has scope to extend, the decline is quickly approaching oversold level, and any further downside is likely limited to a test of 1.3520. The next support at 1.3470 is unlikely to come into view. To keep the momentum, GBP must hold below 1.3600, with minor resistance at 1.3575.” 1-3 WEEKS VIEW: “Two days ago (17 Sep, spot at 1.3655), we highlighted that ‘there is room for further GBP gains toward 1.3700.’ We also highlighted that ‘the odds of an extended rise to 1.3765 are currently lower.’ After GBP rose to 1.3726 and then pulled back sharply, we highlighted yesterday (18 Sep, spot at 1.3635) that ‘there has been no further increase in upward momentum, and the odds of GBP rising to 1.3765 have diminished noticeably.’ We pointed out that ‘only a breach of 1.3575 (‘strong support’ level) would indicate that GBP has moved into a range-trading phase.’ GBP then breached 1.3575, dropping to a low of 1.3534. GBP appears to have moved into a range-trading phase, but the softening underlying tone suggests it is likely to test the lower end of the 1.3470/1.3650 range first.” Source: https://www.fxstreet.com/news/gbp-usd-has-moved-into-a-range-trading-phase-uob-group-202509191115
Share
BitcoinEthereumNews2025/09/19 23:04
Top meme coins for 2025 with a shot at becoming the next 10,000x crypto like Shiba Inu in 2021

Top meme coins for 2025 with a shot at becoming the next 10,000x crypto like Shiba Inu in 2021

The post Top meme coins for 2025 with a shot at becoming the next 10,000x crypto like Shiba Inu in 2021 appeared first on Coinpedia Fintech News The search for the top meme coins with a chance to deliver exponential gains in 2025 has led investors to revisit established names while exploring new contenders. Shiba Inu, which famously delivered 10,000x in 2021, continues to be the benchmark for these meme coins’ potential. Still, Layer Brett, a new project that has already raised …
Share
CoinPedia2025/09/21 21:32