#USDC minted 200 million new tokens.#

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Overview

USDC Treasury minted a total of 200 million USDC on the Ethereum chain between 1:03 AM and 2:13 AM today. This includes 50 million USDC minted at 1:03 AM, worth approximately $50.035 million, and 150 million USDC minted at 2:13 AM. The total issuance of 200 million USDC, its specific purpose has not yet been announced.

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Analysis

USDC Treasury minted 200 million USDC on the Ethereum blockchain early this morning, including 50 million USDC from treasury minting. This issuance is one of a series of recent issuances by USDC Treasury to meet market demand for USDC. The issuance also demonstrates the stability and reliability of USDC as a stablecoin, as well as its important position in the cryptocurrency market.

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USDC Treasury issued 200 million USDC on the Ethereum chain

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The issuance took place from 1:03 AM to 2:13 AM today

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The total issuance amount was 200 million USDC

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USDC Treasury also minted 50 million USDC on the Ethereum chain

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