#USDC Treasury continuous issuance#
Hot Topic Overview
Overview
USDC Treasury has recently been issuing new USDC coins consecutively. In the past 8 hours, a total of 150 million USDC coins were issued on the Ethereum chain, including three issuances of 50 million USDC coins each. Additionally, USDC Treasury issued a total of 250 million USDC coins in the past day, including two issuances of 50 million USDC coins each. It's worth noting that USDC Treasury is also conducting burn operations, such as the burning of 60,149,035 USDC coins at 08:12 Beijing time.
Ace Hot Topic Analysis
Analysis
Recently, the continuous issuance of USDC Treasury has attracted market attention. According to Whale Alert monitoring, USDC Treasury has issued 150 million USDC in three times in the past 8 hours. Among them, the daily issuance volume reached 250 million USDC. It is worth noting that while USDC Treasury is increasing issuance, it is also performing some destruction operations. For example, at 08:12 Beijing time, 60149035 USDC was destroyed. Currently, there is no consensus in the market on the reasons for the continuous issuance of USDC Treasury. Some analysts believe that this may be to meet market demand or to cope with potential risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
USDC Treasury recently increased issuance frequently, with huge single-day issuance reaching hundreds of millions of USDC.
The issuance behavior of USDC Treasury may be related to market demand and the liquidity of stablecoins.
The issuance behavior of USDC Treasury may raise market concerns about the stability of USDC.
The issuance behavior of USDC Treasury may be related to Circle's strategic layout.