#71 million USDC were issued.#
Hot Topic Overview
Overview
USDC Treasury recently minted over 71 million USDC on the Ethereum chain, which occurred in the last two hours. Previously, USDC Treasury also conducted a series of minting and burning operations, including minting 104.5 million USDC, burning 134.4 million USDC, and transferring 800 million USDC to Coinbase. These operations indicate that USDC Treasury is actively managing its stablecoin supply to meet market demand.
Ace Hot Topic Analysis
Analysis
USDC Treasury has minted over 71 million USDC in the past two hours, raising market attention. According to Whale Alert monitoring data, the minting occurred at 8:20 today, totaling 71,301,077 USDC, worth about $71,315,543. This is not the first time USDC Treasury has minted USDC recently, with previous records including the minting of 250 million USDC and the transfer of 800 million USDC from the USDC Treasury to Coinbase. These minting activities may be related to market demand, stablecoin reserve management, and other business strategies, and the specific reasons remain to be further observed and analyzed.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
USDC Treasury minted 71,301,077 USDC on the Ethereum chain, equivalent to $71,315,543.
USDC Treasury has been minting frequently recently, minting more than 71 million USDC in the past two hours.
USDC Treasury's minting may be related to market demand or other business activities.
The minting actions of USDC Treasury are worth noting as they could affect the price and stability of USDC.