#USDC minted another 50 million.#
Hot Topic Overview
Overview
USDC Treasury minted another 50 million USDC earlier today, worth around $50.02 million. This is the second large-scale minting of USDC recently, following a previous minting of 50 million USDC. The minting took place at 7:25 Beijing time, according to Whale Alert.
Ace Hot Topic Analysis
Analysis
USDC Treasury minted another 50 million USDC at 7:25 Beijing time, worth about $50.02 million. This is the second large-scale minting of USDC in recent times, following a previous minting of 50 million. This minting has drawn attention from the market, and analysts believe it could be due to the recent increase in demand for stablecoins and USDC's leading position as a stablecoin. Additionally, some believe it could be a response to potential market fluctuations and to prepare for future market demands. Currently, the total supply of USDC has exceeded $40 billion, further solidifying its dominance in the stablecoin market.
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Public Sentiment
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Classic Views
USDC Treasury minted another 50 million USDC
The value of this minted USDC is approximately $50.02 million
The minting time is 7:25 Beijing Time
The minting event was monitored by Whale Alert