Circle mints 100 million USDC on Algorand blockchain

On June 17, 2025, at 14:00 Beijing time, Circle minted 100 million USDC on Algorand, without immediate major industry reactions. This Mint aligns with historical trends, indicating a stable demand for liquidity in the market.

USDC maintains a price of 1.00 USD, with minimal fluctuations observed in the last 90 days. The market capitalization is around 61.6 billion USD, reflecting stable demand and continuous growth in institutional interest.

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