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News May 21, 2025

Tracking USDC Transfers with the OpenZeppelin Monitor

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Tracking USDC Transfers with the OpenZeppelin Monitor

This tutorial guides users through the process of using OpenZeppelin’s OpenMonitor to track USDC token transfers on the Stellar network. It begins by cloning the OpenMonitor repository and building it using Rust, then customizes the monitor to match necessary settings by editing configuration files. Key steps include renaming .json.example files, obtaining the contract address from Stellar Expert, and setting up Telegram notifications via bot configuration. This process allows users to receive real-time alerts for USDC movements, showcasing OpenMonitor’s capabilities with the Stellar blockchain. The tutorial also highlights the importance of correct condition scripting to ensure consistent monitoring results.