Redemptions
Circle launches hourly USDC Match auctions for Mint customers
Circle says eligible Mint customers can now match USDC mint and redemption orders in hourly auctions with rebates and capped redemption fees.
Redemptions
Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply
Recent data analysis reveals that Alameda Research minted $39.55 billion USDT, nearly half of Tether's circulating supply. The findings underscore the significant role of major crypto trading firms in stablecoin operations, with a detailed examination of USDT's creation and redemption processes.