#USDC Treasury Continuous Issuance#

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Overview

USDC Treasury has been issuing new USDC tokens continuously in recent days. In the past 8 hours alone, USDC Treasury minted a total of 150 million USDC on the Ethereum chain in three separate transactions. This brings the daily issuance to 250 million USDC.Specifically, USDC Treasury minted 50 million USDC at 06:54, 07:27, 07:58, and 08:12 Beijing time, totaling 200 million USDC minted in total.Furthermore, USDC Treasury has also issued 50 million USDC multiple times, such as at 06:54, 07:27, 07:58, and 08:12, as well as at other times.It is noteworthy that USDC Treasury has also burned some USDC tokens. For example, it burned 60,149,035 USDC at 08:12.

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Analysis

Recently, USDC Treasury has been frequently issuing new coins, attracting market attention. According to monitoring data from Whale Alert, USDC Treasury has issued 150 million USDC in three separate instances within the past 8 hours. The single-day issuance volume even reached 250 million. The issuance mainly occurred on the Ethereum chain, with 50 million USDC being issued each time. In addition, USDC Treasury also destroyed 60,149,035 USDC. Currently, the market has no clear explanation for the frequent issuance of USDC Treasury, but some analysts believe it may be related to changes in market demand, intensified competition in the stablecoin market, and adjustments to USDC reserve asset management strategies.

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Classic Views

USDC Treasury recently increased issuance frequently, with a daily increase of up to 250 million USDC.

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The increase mainly occurred on the Ethereum chain, and was monitored through platforms such as Whale Alert.

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The increase may be related to market demand or other business strategies, but the specific reasons are not yet clear.

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The issuance behavior of USDC Treasury has attracted market attention, and some people are concerned that this may affect the stability of USDC.

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