ChainCatcher message, Whale Alert monitoring shows that USDC Treasury has minted 50 million USDC on the Ethereum network. This action has drawn widespread attention in the market, as large-scale USDC minting is often associated with market liquidity and stability. Firstly, the newly minted USDC may be used to meet market demand for stablecoins, especially during periods of high volatility. Secondly, this minting action may affect the circulating supply of USDC in the market, potentially impacting its price stability. Finally, investors should closely monitor on-chain data to understand more market dynamics.