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Ethereum Mainnet Stablecoin Mints Over 1 Billion New Coins in the Past 7 Days

BlockBeats News, February 17th, according to LookIntoChain's monitoring, in the past 7 days, on the Ethereum mainnet, the stablecoins (USDT & USDC) have minted 1.1 billion tokens, while on the Solana blockchain, the stablecoins (USDT & USDC) have burned 772 million tokens.

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On-Chain Activity

2h ago

Binance SAFU wallet transferred out 7,500 BTC half an hour ago, possibly to replenish reserves for affected assets.

5h ago

Galaxy Digital OTC transferred 47,000 HYPE, worth approximately $4.06 million, to OKX 4 hours ago.

10h ago

An entity transferred approximately 1.223 million SOL to Coinbase Prime, valued at around $117 million.

13h ago

A new address withdrew approximately $6 million worth of LIT, ENA, and ARB from OKX.

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Binance SAFU wallet transferred out 7,500 BTC half an hour ago, possibly to replenish reserves for affected assets.

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