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Papertrade Address’s USD Coin (USDC) Staking Rewards Hit $1.73 Million by Oct. 16

The address lost $979,000 on its first Papertrade day, then moved from trading to staking its tokens.

Updated 1 min read
An editorial graphic pairs a stablecoin rewards balance with a paused trading record on a pale paper field. / EconoTimes.ai
An editorial graphic pairs a stablecoin rewards balance with a paused trading record on a pale paper field. / EconoTimes.ai

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An earlier tally put the address’s USDC rewards at 997,000; by Oct. 16, the figure had risen to $1.73 million.

Papertrade activity tied to the address totaled $10.1 billion in volume on day one; the address also received 252 million PAPER. Its previous rewards tally was 997,000 USDC.

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