Unknown Wallet Mints $100 Million USDC on Algorand Blockchain

According to PANews, Whale Alert has detected a significant transaction involving the minting of $100 million USDC on the Algorand blockchain. The transaction occurred at 14:00 UTC+8 from an unidentified wallet address, with a transaction hash of IWLJAJDLF7TGLPJAEFUUJOI736JK7EUWX34F4EUTKENKULIBKCTA. This development highlights ongoing activity within the cryptocurrency space, particularly on the Algorand network.