#USDC minted over 71 million.#
Hot Topic Overview
Overview
USDC Treasury recently minted over 71 million USDC on the Ethereum blockchain, attracting market attention. According to Whale Alert monitoring, USDC Treasury has conducted multiple minting operations in the past two hours, totaling over 71 million USDC minted. This includes a single minting of 71,301,077 USDC and several smaller mints, such as the minting of 250 million USDC. In addition, USDC Treasury has also conducted some USDC burning and transfer operations, such as transferring 800 million USDC to Coinbase. These operations indicate that USDC Treasury is actively adjusting its USDC supply to meet market demand.
Ace Hot Topic Analysis
Analysis
USDC Treasury recently minted over 71 million USDC on the Ethereum chain, attracting market attention. According to Whale Alert monitoring data, USDC Treasury minted 71,301,077 USDC in the past two hours, totaling $71,315,543. This minting is not an isolated event, as USDC Treasury has been conducting large-scale minting operations recently. For example, in the past few hours, USDC Treasury minted 250 million USDC, 134.4 million USDC, and 106.4 million USDC, respectively, and transferred 800 million USDC from its treasury to Coinbase. These minting activities may be related to market demand, stablecoin reserve management, or other strategic operations, and the specific reasons are yet to be explained by the official. It is worth noting that USDC, as a stablecoin, its minting behavior will affect market liquidity, price stability, and other aspects, therefore, it is necessary to closely monitor its subsequent developments.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
USDC Treasury recently minted a large amount of USDC on the Ethereum chain, totaling over 71 million.
The minting activity may be related to market demand or other commercial purposes.
USDC Treasury simultaneously performs minting and burning operations, which may be related to the management of the stablecoin's supply.
The minting activity of USDC Treasury has raised market concerns about the stability of USDC.