USDC Treasury Mints 250 Million USDC on Ethereum on April 8

The official USDC Treasury minted 250 million USDC on Ethereum on April 8, 2025, Whale Alert reports. The transaction ranks among the top 5 single mints recorded in 2025 and represents approximately 0.1% of total USDC supply, with USDC market cap at roughly $28 billion as of April 2025. Market data from the past 24 hours show a slight uptick in USDC exchange inflows, though the full amount's ultimate destination remains unclear as participants monitor subsequent on-chain movements.