ChainCatcher reported, citing Whale Alert monitoring, that at 17:55 Beijing time, USDC Treasury once again minted 250 million USDC on the Solana blockchain. The on-chain record identified the network as Solana and the minted amount as 250,000,000 USDC.
The brief update focuses on the time of the mint, the blockchain involved, the related treasury entity and the size of the issuance. The original newsflash did not provide additional details about the purpose of the transaction, any receiving address or subsequent use of the newly minted USDC. Whale Alert is an on-chain monitoring service commonly used to track large crypto transfers, mints and burns.
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