USDC Treasury minted 250 million new USDC on Ethereum in the early morning

According to Whale Alert monitoring, USDC Treasury minted 75,000,000, 100,000,000, and 75,000,000 USDC on the Ethereum network at 00:59, 02:01, and 02:23 Beijing time in the early morning of August 12, with a total value of approximately US$250 million.