Lookonchain says Circle minted 5 billion USDC over the past week

Blockchain tracking account Lookonchain said Circle minted 5 billion USDC over the past week. The input information provides no breakdown of when the issuance occurred during that period, where the tokens were sent, or whether any USDC was redeemed or burned at the same time. The claim is attributed directly to Lookonchain, with the source link pointing to its post on X. No additional on-chain figures, counterparties, or transaction details were included in the source material provided here. Because the source is a short newsflash, the report is limited to the disclosed fact and attribution without adding background or market interpretation.