The USDC Treasury has just completed a major burn operation—50 million USDC tokens were permanently destroyed, corresponding to a value of $50,010,350. This on-chain event reflects dynamic adjustments within the stablecoin ecosystem, directly impacting liquidity and market supply. Large-scale burning operations are usually related to liquidity management, risk control, or ecosystem strategic adjustments, and are worth close attention from market participants.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
RebaseVictimvip
· 3h ago
50 million USDC burned? What is this move all about? Or is it that stablecoins are also going to "trim down"?
View OriginalReply0
OfflineValidatorvip
· 3h ago
50 million tokens burned? Such a big move, what is Circle up to... Is liquidity tightening or is there some hidden reason?
View OriginalReply0
just_vibin_onchainvip
· 3h ago
500,000 tokens directly burned? Circle's move is quite decisive.
View OriginalReply0
YieldChaservip
· 3h ago
50 million USDC just disappeared? Seems like Circle is secretly up to something.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)