Circle has just increased its stablecoin circulation on Ethereum, releasing 100 million USDC into the network. According to on-chain tracking data, this latest batch of USD Coin brought approximately $99,970,100 in new supply to the blockchain.
The move reflects Circle’s ongoing strategy to ensure sufficient USDC liquidity across major blockchain networks. Ethereum, as one of the most widely used smart contract platforms, continues to serve as a primary deployment venue for the stablecoin issuer’s capital distribution efforts.
This issuance adds to the growing USDC ecosystem, supporting increased transaction demand and cross-chain settlement activities on the Ethereum network.
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Ethereum Receives Fresh 100 Million USDC Supply From Circle
Circle has just increased its stablecoin circulation on Ethereum, releasing 100 million USDC into the network. According to on-chain tracking data, this latest batch of USD Coin brought approximately $99,970,100 in new supply to the blockchain.
The move reflects Circle’s ongoing strategy to ensure sufficient USDC liquidity across major blockchain networks. Ethereum, as one of the most widely used smart contract platforms, continues to serve as a primary deployment venue for the stablecoin issuer’s capital distribution efforts.
This issuance adds to the growing USDC ecosystem, supporting increased transaction demand and cross-chain settlement activities on the Ethereum network.