#USDC Treasury issues 250 million tokens.#
Hot Topic Overview
Overview
USDC Treasury has recently been minting USDC on the Ethereum blockchain, with daily minting reaching 250 million. According to Whale Alert, USDC Treasury minted 150 million USDC in three separate transactions over the past 8 hours. These transactions were executed at 06:54, 07:27, 07:58, and 08:12 Beijing time, each minting 50 million USDC, totaling 200 million USDC. Additionally, USDC Treasury minted 50,112,500 USD, 50,225,000 USD, and 50,110,000 USD worth of USDC. Notably, USDC Treasury also burned 60,280,260 USD worth of USDC.
Ace Hot Topic Analysis
Analysis
USDC Treasury has recently minted over 250 million USDC on the Ethereum chain. According to Whale Alert, USDC Treasury minted 150 million USDC in three separate transactions over the past 8 hours. Earlier today, they minted 50 million USDC each at 06:54, 07:27, 07:58, and 08:12 Beijing time, totaling 200 million USDC. In addition, USDC Treasury minted another 50 million USDC at different times, bringing the total to 250 million USDC. It is worth noting that USDC Treasury also burned some USDC alongside the minting, such as 60,149,035 USDC on June 14th. The reasons behind these minting and burning operations remain unclear but may be related to market demand, stablecoin reserve management, or other strategies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
USDC Treasury recently minted a large number of USDC on the Ethereum chain, with a single-day issuance reaching 250 million.
The minting activity of USDC Treasury may be related to market demand or other business strategies.
The minting activity of USDC Treasury may have some impact on the price of USDC.
The minting activity of USDC Treasury has raised concerns about the stability of USDC in the market.