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USDC Treasury minted $250M in tokens, but impact on total supply unclear

Protocol Fundamentals
21 Oct 2026
Tokenpost
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Neutral
USDC Treasury minted $250M in tokens, but impact on total supply unclear

The USDC Treasury minted approximately $250 million worth of USD Coin (USDC) tokens, a stablecoin pegged to the US dollar. However, this minting event does not confirm how many tokens entered circulation or if the total USDC supply increased, due to cross-chain transfer mechanisms where tokens burned on one network can be minted on another. This means the actual effect on the overall supply of USDC remains uncertain. Investors should note that minting alone does not necessarily mean more tokens are available in the market.

The USDC Treasury's recent minting of $250 million in stablecoin tokens provides context for readers. For those following major cryptocurrencies on Pluang, 42 out of 50 rose today as of Oct 21, 2026 14:02 WIB. Notable price changes include COMP at Rp466.143 with a 21.49% increase and a typical hold time of 98 days, BAL at Rp16.297 up 11.14%, and THETA at Rp3.705 rising 9.88%.

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