#USDC minted 50 million more.#

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Overview

USDC Treasury minted 50 million USDC, worth approximately $50.02 million, at 7:25 AM Beijing time. This is the second large-scale minting of USDC recently, after a previous minting of 50 million USDC. This indicates that demand for USDC remains strong, possibly due to recent market volatility and increased demand for stablecoins.

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Analysis

USDC Treasury minted another 50 million USDC earlier today, worth roughly $50.02 million. This is the second large-scale minting action by USDC Treasury after the previous one. The specific reason for this minting is unclear at the moment, but the market speculates that it may be related to recent volatility in the crypto market, and USDC Treasury may be hoping to stabilize the market by increasing the circulating supply.

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Classic Views

USDC Treasury again minted 50 million USDC

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This minting of USDC is worth approximately $50.02 million

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The minting behavior of USDC Treasury may be related to market demand or other factors

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The minting behavior of USDC may have some impact on the market

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