PANews reported on May 22 that on-chain data showed that at 21:29 Beijing time, USDC Treasury minted 250 million USDC on the Solana chain. A few hours earlier, at 18:13, the same address also minted 250 million USDC on Solana.
Earlier today at 9:20 PM, the USDC Treasury just burned approximately $100 million worth of USDC on the Ethereum blockchain.




