#Massive Issuance of USDC#

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Overview

USDC has seen a significant increase in issuance recently, with a large increase in issuance volume over the past few days. According to monitoring, USDC Treasury has issued over 71 million USDC on the Ethereum chain and 2.5 billion USDC on the Solana chain. This is speculated to be driven by the news of the SEC forming a crypto task force and the impact of Trump's coin issuance. Since Trump issued his coin, USDC issuance has increased by over $4.5 billion.

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Analysis

USDC has recently seen a massive issuance, drawing market attention. Monitoring data shows that USDC Treasury has issued over 71 million USDC on the Ethereum chain in the past two hours, while Circle has issued a total of 2.5 billion USDC on the Solana chain in the past four days since Trump announced the issuance of cryptocurrency. It is speculated that the sharp increase in USDC issuance may be stimulated by the news of the SEC's establishment of a crypto working group, and the impact of Trump's coin issuance. Since Trump's coin issuance, USDC issuance has increased by over $4.5 billion. This indicates that the market demand for USDC is growing, and it also reflects investors' increasing confidence in stablecoins.

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USDC issuance has increased significantly recently, which may be related to the news of the SEC forming a cryptocurrency task force.

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USDC Treasury issued a large amount of USDC on the Ethereum chain, which may be related to increased market demand.

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Circle issued a large amount of USDC on the Solana chain, which may be related to TRUMP's issuance.

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USDC issuance may reflect increased market demand for stablecoins and continued interest in cryptocurrencies.

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