Multicoin Capital’s $30M USDC Transfer to Worldcoin Wallet Raises Questions

On December 24, 2025, a wallet suspected to belong to Multicoin Capital transferred $30 million USDC to Worldcoin’s team wallet, receiving 60 million $WLD in return.

This suspected off-exchange block trade has yet to receive official confirmation, but suggests active crypto asset movements between major players, potentially impacting Worldcoin’s market activities.

$30M USDC to Worldcoin: Multicoin Capital’s Unconfirmed Move

Multicoin Capital’s unconfirmed involvement in transferring $30 million USDC to Worldcoin highlights significant activity in the crypto space. Observers suspect the wallet address in question is linked to Multicoin Capital, yet no official statements from either party confirm associated transactions. The reception of 60 million $WLD tokens, valued at $29.06 million, appears as part of an off-exchange block trade.

This transaction emphasizes the strategic interests of Multicoin Capital, which has a history of investing in Worldcoin. The lack of official statements leaves the market speculative. This event has not led to a notable shift in $WLD token value or related market cap at the time of reporting.

Community reactions remain speculative, with discussions fueling on social media platforms but no significant unrest observed in the broader cryptocurrency market. However, market observers are questioning the implications of such off-exchange trades on overall liquidity and market positions.

Worldcoin’s Declining Value Despite Recent Block Trade

Did you know? Worldcoin, initially supported by key investors including Multicoin Capital, has previously raised $375 million to further its blockchain identity and financial protocol projects.

Worldcoin (WLD) currently trades at approximately $0.49, impacted by a decline observed over recent months. CoinMarketCap reports a market cap of $1.26 billion with a 24-hour trading volume decreased by 21.19%. The price fell by 61.43% over 90 days, suggesting persistent volatility.

Insights from Root Data Crypto suggest potential implications of these transactions on regulatory perceptions and institutional adoption. Analyzing the trade dynamics, the unverified status of such events emphasizes the importance of transparency and proper disclosure in crypto trading practices. The team highlights the need for clearer regulatory frameworks to improve market stability.