The USDC Treasury has seen 10 minting and destruction operations exceeding $50 million in the past 12 hours.

In the past 12 hours, the USDC Treasury has seen 10 USDC minting and burning operations on the Ethereum blockchain, totaling over $50 million. A total of approximately 589 million USDC were minted and approximately 336 million were burned, resulting in a net increase of approximately 253 million USDC.