#USDC has been minted over 71 million.#
Hot Topic Overview
Overview
USDC Treasury has minted over 71 million USDC in the past two hours, specifically 71,301,077 USDC, valued at approximately $71,315,543. This minting is part of a recent series of minting operations by USDC Treasury, including the minting of 250 million USDC and the transfer of 800 million USDC to Coinbase. These minting operations may be related to factors such as changes in market demand and stablecoin reserve management.
Ace Hot Topic Analysis
Analysis
USDC Treasury has minted over 71 million USDC in the past two hours, sparking market attention. According to Whale Alert, USDC Treasury minted 71,301,077 USDC on the Ethereum chain, worth approximately $71,315,543. This is not an isolated incident, as USDC Treasury has been frequently minting USDC in recent times. For example, in the past 24 hours, USDC Treasury has minted over 1 billion USDC, including a large minting of 460 million USDC. These minting activities could be related to market demand changes, stablecoin reserve management, and other business strategies. While the specific reason for USDC Treasury's minting of USDC is currently unclear, the move will undoubtedly have an impact on the market. Investors need to closely monitor the price movement and market dynamics of USDC.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
USDC Treasury recently issued a large number of USDC on the Ethereum chain, totaling over 71 million.
The issuance may be related to market demand or institutional investment, but the specific reason is not yet clear.
The issuance behavior of USDC Treasury may have an impact on the price and market liquidity of USDC.
The issuance behavior of USDC Treasury may also be related to the stability mechanism of USDC.