Massive stablecoin burn event recorded: Nearly 68 million USDC tokens have been destroyed at the USDC Treasury, representing approximately 67.98 million USD in value. This significant reduction in circulating supply reflects ongoing market dynamics and treasury management strategies within the stablecoin ecosystem. Such burning events are closely monitored by traders and analysts as they can impact liquidity conditions and market sentiment across the broader digital asset landscape.

USDC0,02%
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
  • 5
  • Repost
  • Share
Comment
0/400
ProofOfNothingvip
· 15h ago
68 million USDC burned, how sentimental it is
View OriginalReply0
WalletDetectivevip
· 15h ago
68 million USDC directly burned? This move is quite something.
View OriginalReply0
SignatureAnxietyvip
· 15h ago
68 million USDC burned in one go. What is Circle playing at this time?
View OriginalReply0
StablecoinGuardianvip
· 15h ago
The stablecoin price has stabilized; this burn operation is interesting.
View OriginalReply0
SleepyValidatorvip
· 16h ago
68 million USDC directly lost. What is the purpose of this move...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)