As Redemption Kicks In Hundreds Of Millions Of USDC Get Set To A Null Address

Watchers, an analytics platform from the Web3 industry has just shared a report involving a huge transfer of USD Coins (USDC). The report shows that a huge transaction worth 314.167 million USDC has been carried out. The transaction involves the funds being sent by the issuer of the stablecoin itse…

By Summer White · Updated Mar 18, 2023