Unknown Wallet Sends 159.8 Million USD Coin (USDC) to Binance
Photo: TokenPost
A wallet with no identified owner sent 159,782,552 USD Coin (USDC), worth about $159.8 million, to Binance, a transfer that drew social-media attention but had no confirmed purpose. USDC is designed to maintain a one-to-one peg with the U.S. dollar and is issued primarily by Circle. Binance is a cryptocurrency exchange. The transfer’s purpose remained unclear. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
