USDC mints $795.72M—How it might help crypto & Bitcoin
Journalist
Posted:
- USDC Treasury’s recent mints on Solana and Ethereum Blockchain signaled increased demand for stablecoin liquidity.
- Stablecoin market sentiment remained bullish while the seven-day-high exchange outflow and transaction volume suggest increased OTC trading and DeFi usage.
The stablecoin market has received new liquidity following the net inflow of $795.72 million on Solana [SOL] and Ethereum’s [ETH] blockchains, at press time, in the last 24 hours.
According to Onchain Lens on X (formerly Twitter), the USDC treasury minted $250 million on the Solana blockchain.
Similarly, Whale Alert recorded six consecutive USDC minting transactions totaling $545.72 million on the Ethereum blockchain, alongside a $50 million burn transaction on X posts.
This minting occurs amid a hiking Exchange Outflow of stablecoins in the last seven days.
Stablecoin market trends and USDC’s role
Stablecoins facilitate the growth of the crypto and DeFi market by bridging digital assets to fiat money. Real World Asset (RWA) tokenization is a macroeconomic trend expected to stimulate the growth of the digital asset ecosystem in 2025.
According to Peterschroederr on X, stablecoins have had a $224 billion supply and 30.2 million active addresses in the last thirty days.
Source: X
As these developments unfold, the stablecoin market will be central to value transfer among investors trading tokenized digital assets
On-chain insights, whale activities & market demand
USDC has experienced 0.76% network growth and a neutral (-1.48%) change in large transactions in the last 7 days. 17% of current USDC holders are in profit, 71% at cost, and 12% at loss.
At the time of writing, the stablecoin’s seven-day transaction volume was $98.53 billion, while the Exchange Netflow was -$1.17 billion.
The market sentiment was predominantly bullish, with zero bearish signals, five neutral signals, and one bullish signal.
Source: IntoTheBlock
The data indicates that 57% of USDC holders are institutional investors or whales.
Negative Exchange Netflow suggests increased OTC trading, DeFi usage, and flow into non-custodial wallets. The metrics signal wide USDC adoption and strong backing.
Source: IntoTheBlock
New Liquidity: Bitcoin and altcoin market sentiment
At press time, Bitcoin [BTC] and major altcoins have had their seven-day prices slightly drop, according to CoinMarketCap data.
However, the newly gained USDC liquidity of $795.72M could go into Bitcoin and other crypto projects as an even price reversal appears in a lower time frame.
Source: CoinMarketCap
With recent favorable crypto policies in major nations like the U.S., China, and Japan and growing DeFi ecosystems, the new stablecoin liquidity could signal bullish momentum trends in the broader crypto market.
However, investors should watch for whale activities and price volatility following this liquidity to confirm their strategies.