USDC Treasury Moves $69.78M in Major Cross-Chain Transfer
According to PANews and data from Whale Alert, the$USDC Treasury executed a large-scale cross-chain asset transfer on June 17. At 12:41 and 12:42 UTC+8, the Treasury minted 69,801,539 USDC tokens on the $ETH
blockchain—equivalent to around $69.78 million. At the same time, the same amount of USDC was burned on the Solana blockchain.
This coordinated operation is part of a routine process for shifting assets across different blockchain ecosystems, ensuring liquidity and availability where needed.
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