- Unconfirmed USDC mint reported without official confirmation.
- Circle executives have not commented yet.
- No verified on-chain data supporting the reports.
No verified confirmation of a 121 million USDC mint on Ethereum exists. The last major action involved a 55 million USDC burn on September 11, 2025. The highest recent USDC mint, 2.25 billion, occurred on Solana.
Unverified reports have surfaced regarding a 121 million USDC mint on the Ethereum blockchain. As of now, Circle Internet Financial has not officially confirmed these claims.
These unsubstantiated reports have raised interest in market circles due to Ethereumโs importance in decentralized finance networks.
The alleged minting event involves Circle Internet Financial, the issuing body for USDC. However, there is no official confirmation from company executives. Recent official activity shows a significant burn on Ethereum, not a mint.
Immediate effects on the Ethereum market remain speculative without official confirmation. Traders and analysts express caution due to the unconfirmed nature of the report.
โAs we continue monitoring market conditions, our treasury movements are always aligned with user demands and institutional needs.โ โ Jeremy Allaire, Co-founder & CEO, Circle Internet Financial
The scenario highlights a need for verified transparency in blockchain events, stirring clarity demands from investors and regulators. The absence of credible on-chain alerts continues to question the validity of these reports.
Market analysts suggest that if confirmed, such mints usually indicate institutional demand surges, but without verification, these remain speculative. Recent trends highlight stablecoin regulation and multi-chain integrations as industry focal points.
About the author
Unconfirmed Reports of 121M USDC Mint on Ethereum
Reports suggest a 121M USDC mint on Ethereum, but no official confirmation exists yet.
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