USDC Treasury burns nearly 100 million USDC on Solana and mints an equivalent amount of tokens on Ethereum
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USDC Treasury burned 98,469,098 USDC on the Solana chain, worth approximately $98,547,873, and minted an equivalent 98,469,098 USDC on the Ethereum chain, worth about $98,557,720, suspected to be an inter-chain transfer operation.
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