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USDC Treasury mints 74 million in a single transaction, is market liquidity demand recovering?
[Coin World] Just now, Whale Alert detected a large movement: the USDC Treasury directly minted nearly 74 million USDC, which is approximately 73.96 million USD at the current price.
This level of minting usually indicates that the market demand for stablecoins is rising, which could be a signal of institutional entry or preparation of liquidity for upcoming trading activities. It will be interesting to pay attention to the flow of this batch of USDC in the future.