#USDC Treasury Continuous Issuance and Burn#

Recently, USDC Treasury has been frequently issuing and burning USDC on the Ethereum chain. According to Whale Alert monitoring data, USDC Treasury has issued USDC multiple times in the past few days, with a single-day issuance reaching a maximum of 250 million USDC. At the same time, USDC Treasury has also carried out multiple burn operations, with a single-day burn reaching a maximum of approximately 200 million USDC. The specific time and amount of these issuance and burn operations are detailed in the article. At present, the market has not reached a consensus on the analysis of USDC Treasury's issuance and burn behavior. Some analysts believe that these operations may be to respond to changes in market demand, such as changes in stablecoin supply and demand or market liquidity. Other analysts believe that these operations may be related to the stability mechanism of USDC, such as to maintain the peg between USDC and the US dollar. In short, USDC Treasury's issuance and burn behavior has attracted market attention, and its underlying reasons and impacts need further observation and analysis.