ChainCatcher message, according to Whale Alert monitoring, around 23:14 Beijing time today, USDC Treasury minted 50,052,848 USDC on the Ethereum chain. 💰 This minting activity has attracted widespread attention in the market, as such a large-scale USDC minting may impact market liquidity. 📈

While minting new tokens is typically seen as a signal of increased market demand, there are also viewpoints suggesting that this may exert short-term pressure on the value of USDC. 🔍 Regardless, this dynamic undoubtedly provides more opportunities for observation and analysis for market participants. 🌐