USDC Treasury minted 300 million new USDCs on Ethereum early this morning

According to Whale Alert monitoring, on chain data shows that at 3:43 am, 3:57 am, and 4:28 am Beijing time today, USDC Treasury, the issuer of USDC, newly minted 100000000 USDC on Ethereum, totaling approximately $300 million worth of USDC.