ChainCatcher message, Whale Alert monitoring shows that the USDC Treasury conducted two large-scale issuances on the Ethereum chain today. At 5:31 and 5:52, an additional 50 million USDC was issued each time, totaling 100 million. This action has attracted widespread attention in the market, with investors closely watching its potential impact on market liquidity and the supply of stablecoins. On-chain data analysis indicates that this issuance may affect the market cap ranking of USDC, but the specific effects still need to be observed based on market reactions and subsequent capital flows. Stay tuned for more market dynamics.