Whale Alert reported the minting of 50 million USDC (worth $50.01 million) at the USDC Treasury. The USD Coin (USDC) price stands at $0.999851, with a 24-hour trading volume of $8.21 billion. Market activity around USDC appears mixed, with volume surges combined with cautious trading. Circle has taken a major step by expanding USDC access in Brazil and Mexico, allowing businesses in these markets to convert their local currencies directly into USDC, improving transaction efficiency and reducing costs. The derivatives market around USDC shows a neutral to slightly bearish sentiment, with trading volume and open interest indicating cautiousness among traders.



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