Institutional transformation or regulatory compliance? Galaxy has transferred $319 million USDC
Source: CoinWorld
Time: 2025-09-11 10:45:46
A wallet transferred $319 million in USDC from an address associated with Galaxy Digital, one of the largest single USDC transactions in recent months. The funds, which had been held for more than two years, were transferred at one-time at extremely low fees, sparking speculation about its strategic adjustment or regulatory compliance. Analysts believe that the move shows institutions' confidence in stablecoins and highlights its efficiency in large-scale transfers. The destination is tied to a multi-signature hosting service, but Galaxy Digital has not commented yet. After the transfer, the anchor exchange rate of USDC remains stable.