ChainCatcher message, the USDC Treasury has minted USDC on the Ethereum chain multiple times in a short period, drawing market attention. At 00:35:11 Beijing time, the USDC Treasury minted an additional 149,077,359 USDC, just 2 hours after the last minting. Previously, the USDC Treasury minted 51,677,295 and 55,231,133 USDC at 22:32:11 and 19:12:35 respectively yesterday.
This frequent minting behavior may reflect changes in market demand for USDC, and could also be measures taken to address market liquidity needs. Investors should closely monitor this on-chain data to better understand market dynamics and potential impacts.