[USDC Treasury Newly Mints 850 Million USDC]
According to Whale Alert monitoring, within the past hour, USDC Treasury has newly minted a total of 850 million USDC through four transactions.
Members of the US House of Representatives have elaborated on multiple dissatisfactions with the government's "Kill Point 2.0" policy, with discussions related to its impact on the financial industry. The legislators called for further review and adjustment of the policy. （CoinDesk）
The Ethereum Fusaka upgrade plan is scheduled for December 3rd, and this upgrade is a "deep infrastructure" update aimed at improving network scalability, reducing the cost of second layer Rollup, and expanding network capacity and decentralization. It is an important step in the Ethereum 2025 roadmap. （Messari）
The address 0xa5B0 of the giant whale deposited $10 million USDC into HyperLiquid today and opened multiple positions of 12000 ETH with 20 times leverage, with a total value of approximately $32.8 million and a clearing price of $1990.1 (Lookonchain).