#CryptoScamSurge The USDC Treasury minted 100 million USDC on Ethereum on May 23, 2025, at approximately 22:06 UTC. This significant minting event highlights the growing demand for stablecoins in the cryptocurrency market. Here are some key points to consider¹ ²:

- *Minting Details*: The USDC Treasury issued 100 million new USDC tokens on the Ethereum blockchain, potentially increasing liquidity and market activity.

- *Market Impact*: This minting event could have implications for the broader cryptocurrency market, particularly for traders and investors seeking stability in volatile market conditions.

- *Stablecoin Demand*: The growing demand for USDC reflects the increasing reliance on stablecoins as a safe haven during market fluctuations.

- *Ethereum Ecosystem*: The minting of USDC on Ethereum enhances liquidity in the ecosystem, supporting trading activities and DeFi protocols.

Recent large-scale transactions involving USDC include³:

- *$283 million USDC transferred* between unknown wallets

- *Increased institutional interest* in stablecoins like USDC, potentially linked to market-driven supply adjustments

The USDC Treasury's minting activities demonstrate the dynamic nature of digital asset management and distribution, with stablecoins playing a crucial role in facilitating seamless transactions across the globe.$ETH #