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USDC cross-chain migration: Nearly $70 million has been destroyed on Solana and minted on Ethereum.
DailyNews
PANews, June 17 – According to Whale Alert monitoring, at 12:41 and 12:42, the USDC issuer USDC Treasury minted 69,801,539 USDC (approximately 6.978 million USD) on Ethereum, while simultaneously destroying an equivalent amount of USDC on the Solana chain, indicating that this was a standard cross-chain asset migration operation.
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Comment
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NineBrotherMakesMoney
· 2025-06-17 04:58
Just go for it💪
NineBrotherMakesMoney
· 2025-06-17 04:58
Quick, enter a position! 🚗