ChainCatcher Message, Whale Alert monitoring shows that the USDC Treasury has minted 50 million USDC on the Ethereum chain. This move has attracted wide attention in the market, with investors focusing their attention on the circulation changes of USDC. First, the newly minted USDC may impact market liquidity, especially against the backdrop of current market volatility. Secondly, as a stablecoin, the increase in USDC supply may indicate a rising demand for stablecoins in the market. Finally, observing such on-chain data helps investors better understand market dynamics and make more rational investment decisions.