Ethereum Sees Fresh 100 Million USDC Supply Injection from Circle

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Circle, the USDC stablecoin issuer, has deployed an additional 100 million tokens on the Ethereum network, marking a notable expansion in stablecoin liquidity. Data tracking by Whale Alert confirmed the transaction, with the newly minted supply valued at approximately $99.97 million.

The move signals Circle’s continued commitment to enhancing USDC availability on Ethereum, the largest platform for stablecoin applications. This issuance of 100 million units reflects growing demand for deep liquidity pools supporting decentralized finance protocols and institutional trading infrastructure on the network.

USDC remains a critical infrastructure component across multiple blockchains, and this supply increase on Ethereum underscores the ongoing necessity for robust stablecoin reserves to maintain market stability and support cross-chain financial activity.

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