The crypto market saw a notable liquidity injection today after Circle Internet Financial LLC, the issuer of USD Coin, minted 250 million USDC (CRYPTO: USDC). The move brings fresh capital into digital asset markets at a time when decentralized finance continues to attract steady institutional interest and growing demand for dollar-backed liquidity across multiple blockchains.

Understanding The USDC Minting Process

When Circle issues new USDC, it does so only after receiving an equivalent amount of U.S. dollars from institutional customers or approved partners. Each token is backed one to one by dollar reserves, ensuring price stability. These reserves are held primarily in cash and…

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