#USDC minted over 71 million coins.#
Hot Topic Overview
Overview
USDC Treasury has issued over 71 million USDC in the past two hours, part of a recent series of issuance actions. Over the past few weeks, USDC Treasury has issued over 250 million USDC, including the recent issuance of 71 million. In addition, USDC Treasury has also conducted several burn and transfer operations, including the transfer of 800 million USDC to Coinbase. These operations suggest that USDC Treasury is actively managing its USDC reserves, and may be related to market demand and stablecoin circulation.
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 a total of 71,301,077 USDC in the past two hours, worth approximately $71,315,543. This minting is not an isolated incident; USDC Treasury has conducted multiple minting operations recently, such as minting 250 million USDC, 106 million USDC, and 134 million USDC in the past few days. Notably, USDC Treasury has also conducted some USDC burning operations, such as burning 134 million USDC. The reason for USDC Treasury’s minting remains unclear, but the market speculates that it may be related to recent fluctuations in the cryptocurrency market. USDC Treasury may be stabilizing the market through minting or providing liquidity support for other projects.
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 behavior may be related to market demand or other commercial purposes.
USDC Treasury's minting behavior may have an impact on the price and market liquidity of USDC.
The minting behavior of USDC Treasury needs further observation to understand its underlying reasons and purposes.