Another large stablecoin minting: 92,435,000 USDC minted on the Ethereum mainnet!!!
At 19:55 Beijing time, USDC Treasury has minted an additional 92,435,120 USDC on the Ethereum chain, equivalent to about 92.41 million US dollars.
This is not a small amount; in the current cautious market atmosphere, large minting often indicates two situations:
1. There is indeed funding ready to enter the market to buy the dip and seize opportunities;
2. Speculative expectations, creating the illusion of 'capital inflow' in the market, enticing buyers to push prices up for selling.
The key point is: Will this money start moving? Will it enter exchanges? Is it institutional rebalancing or off-exchange clients getting in?
Historically, before every major uptrend, USDC minting has often been a signal; but if it’s just a circular flow, then it is a typical 'on-chain fireworks'.
