
$GRVT Whale Alert has confirmed a significant minting event of 250,000,000 USDC, valued at approximately 250,064,375 USD, at the USDC Treasury. This action is noteworthy as it impacts market liquidity and could correlate with broader trends in cryptocurrency. As traders analyze this event, its potential effects on market dynamics warrant close attention. source
The Story So Far
The recent minting of 250 million USDC is a notable development in the cryptocurrency space. This action, confirmed by Whale Alert, adds liquidity to the market and could influence trading behavior, particularly regarding Bitcoin dominance. The broader crypto market is currently exhibiting mixed signals, and such minting events can sway trader sentiment and impact the value of major assets.
Key Takeaways
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The Numbers
Currently, the cryptocurrency market is witnessing mixed signals with varying momentum across major assets. The minting of USDC at this scale could impact trading strategies, especially given the current volatility. Traders will be keenly observing how this additional liquidity will play into ongoing market trends and affect Bitcoin’s dominance in the coming days.
Whale Alert is a prominent organization that provides real-time tracking of significant cryptocurrency transactions. The USDC Treasury manages the minting of USDC, a stablecoin pegged to the US dollar, making this minting event relevant for market liquidity and stability.
What Comes Next
Traders should watch for any shifts in Bitcoin dominance as a result of this USDC minting. Increased liquidity may lead to price fluctuations in major cryptocurrencies. Additionally, observing on-chain metrics and trading volumes will be crucial for gauging potential market reactions in the near term.
This article is for informational purposes only and does not constitute financial advice.
The post Whale Alert Confirms Major USDC Minting of $250M at Treasury appeared first on Coinfomania.

$GRVT As of Oct. 25, Circle’s USDC made up around 80% of the net 30-day drop among the 13 largest stablecoins, according to monthly DeFiLlama figures.
Circle’s token lost $4.69 billion in the month.
The 13 tokens lost $5.82 billion in net value. USDC’s market cap was $71.743 billion, down $878.72 million just in the last week.
Tether gives up $1.29 billion and keeps a 60.74% share
The total stablecoin market declined to $300.36 billion on Oct. 25. DeFiLlama data shows it has lost $12.73 billion since May 22.
Tether’s USDT fell less over the month. It had a market cap of $182.423 billion, down $1.29 billion in 30 days, down $990.43 million in 7 days and still possesses 60.74% of the market.
The seven-day shrinkage across the 15 largest stablecoins was about $1.90 billion.
Ethena’s USDe fell $305.61 million over the month. World Liberty Financial’s USD1 declined $444.67 million, or 10.10%.
Falcon’s USDf added $511.16 million, a 42.32% increase, while PayPal’s PYUSD added $239.53 million in the same 30-day period.
Tokenized Treasuries shed $1.55 billion since August
Minting stablecoins generally increases supply, while redeeming them for fiat diminishes it, potentially pulling money that might otherwise have gone into buying Bitcoin or Ether.
Supply grew during the 2020-2021 bull market and shrank after Terra’s collapse in 2022, which just so happened to coincide with a protracted crypto bear market. Bitcoin is trading near $80,000, far off its October 2025 record of around $126,000.
Tokenized U.S. Treasury products like BlackRock’s BUIDL and Ondo’s USDY also shrank, declining from $16.2 billion on Aug. 12 to $14.65 billion on Oct. 25, according to data from rwa.xyz.
Those who hold the Treasury tokens can redeem them to buy stablecoins or risk assets or shift cash back into bank accounts. The combined fall was $1.55 billion.
Standard Chartered postponed its prediction of a $2 trillion stablecoin market from 2028 to 2030. The stall in supply growth is cyclical and tied to weak crypto markets, said Geoffrey Kendrick, the bank’s head of digital assets research, who noted supply has been stuck between $300 billion and $320 billion over the past year.
Circle is also defending the economics of USDC. Cryptopolitan reports that Circle’s October 16 blog post disclosed that ~$819 million, or about 59 cents on the dollar, of the company’s ~$1.4 billion revenue in the first half of 2026 went to firms distributing USDC and to transaction costs.
The post was seen as a reaction to Open USD, a rival token launched June 30 that promises free minting and redemption. The consortium behind Open USD says partners can keep all the interest its reserves earn, minus a small management fee.
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$GRVT Singapore, Malaysia and Thailand are coordinating cross-border digital money settlement while keeping their own supervisory rules. On October 23, 2026, the Monetary Authority of Singapore said Bank Negara Malaysia and the Bank of Thailand had joined its BLOOM initiative to develop payment arrangements involving regulated stablecoins and tokenized bank deposits.
Key takeaways
Three Southeast Asian central banks now participate in BLOOM.
The initiative targets settlement compatibility and lower cross-border transaction costs.
Ripple, Mastercard, Visa and the World Bank Group joined the expanded participant group.
Each central bank retains its own regulatory authority.
What BLOOM changes for cross-border settlement
BLOOM brings regulators, financial institutions and payment companies together to develop arrangements for accepting, exchanging and settling digital money across national borders. Its scope includes regulated stablecoins and tokenized deposits, rather than a single shared currency.
The name stands for Borderless, Liquid, Open, Online, Multi-currency. Bank Negara Malaysia and the Bank of Thailand joined as policymaker members, putting the three central banks in the same initiative while preserving their respective supervisory requirements.
Efforts are focused on settlement and acceptance across borders, the ability of digital money networks to interoperate, and programmable compliance controls. Those controls cover identity checks, sanctions screening and transaction restrictions that institutions need when moving money internationally.
According to MAS, shared implementation frameworks may lessen the need for banks and payment firms to hammer out individual operating agreements with each counterparty. Through this initiative, contracts, settlement processes and technical links will be reviewed in order to cut cross-border transaction costs for financial institutions.
Cooperation without shared crypto regulations across Asia
The BLOOM expansion concerns implementation frameworks and commercial arrangements, not a shared stablecoin license or an operational three-country settlement network. Singapore, Malaysia and Thailand retain responsibility for their own regulatory decisions.
Leong Sing Chiong, Deputy Managing Director of MAS, stated that collaboration is essential given the growing use of varied forms of digital money in financial markets. Aznan bin Abdul Aziz, Deputy Governor of Bank Negara Malaysia, characterized seamless payments across different digital currencies as a prospect that is becoming more attainable.
Bank of Thailand Deputy Governor Daranee Saeju said BLOOM would help inform Thailand’s approach to tokenized money, particularly for wholesale settlement and international payments. The initiative therefore brings work on crypto regulations in Asia into a common forum without replacing national supervision.
Payment companies and banks broaden participation
Ripple, Airwallex, Mastercard, Maybank, Monee, Nium, ShopeePay, Visa and the World Bank Group joined BLOOM’s expanded participant list. Existing members included Circle, Coinbase, J.P. Morgan, DBS, Anchorage Digital and Standard Chartered.
The World Bank Group is participating as a multilateral development institution, contributing experience in payment-system modernization and financial inclusion, including the requirements of developing economies.
The broader membership puts stablecoin issuers, banks and payment networks alongside the three central banks as they develop settlement arrangements. Participation does not itself constitute regional authorization for a particular token: the expansion did not establish approval for Ripple’s RLUSD or Circle’s USDC across the participating jurisdictions.
The participating institutions’ work covers implementation frameworks and commercial arrangements, while each of the three central banks retains responsibility for its jurisdiction’s regulatory decisions.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.