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According to monitoring, USDC Treasury has newly minted 250000000 USDC on Solana.
USDC Treasury today newly minted 250000000 USDC on the Solana network
BlockBeats news, November 9, according to Whale Alert monitoring, USDC Treasury newly minted 250000000 USDC on the Solana network around 09:10 Beijing time today.
Original link https://m.theblockbeats.info/flash/376210
BlockBeats reported that Whale Alert monitored USDC Treasury newly minting 250000000 USDC on the Solana network at approximately 09: 10 Beijing time on November 9.
The message did not provide the original transaction link or the issuer's announcement.
The following is analysis, separate from reported facts. Verify important claims independently.
"Minting" refers to the issuance of new tokens. This report states that 250000000 USDC were newly minted on the Solana network, but this does not mean the funds have been used or deposited into exchanges.
The addition of USDC may increase available settlement and liquidity on the Solana network, but there is currently no evidence of actual capital usage or market reaction.
It can be understood as an increase in stablecoin supply; an increase in supply does not mean prices have risen or that funds have already entered the market.
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