2.5 billion USDC has just been minted on the Solana chain, coming from the USDC Treasury!!!
This is not a small move, it's real money 'loading up'.
Every time such a large issuance happens, the market will react: market making? Preparing to buy the dip? Or is an institution getting in?
Don't forget, USDC is one of the most compliant stablecoins under the regulations of the United States, and to mint such a large scale on the SOL chain indicates what? Trust within the circle still exists, and funds are still willing to circulate on-chain.
