USDC Treasury destroys a large amount of stablecoins. According to the latest data, 50,000,000 USDC (worth over $50.01 million) has been burned from the USDC Treasury. This transaction is massive in scale and reflects the dynamic adjustment of stablecoin liquidity. Market participants believe that the large-scale burning event may be related to overall liquidity management in the crypto market, and traders should closely monitor the subsequent market reactions.
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metaverse_hermit
· 16h ago
50 million USDC burned? Liquidity is about to tighten, let's see how it develops next.
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ArbitrageBot
· 16h ago
50 million USDC burned directly? This liquidity management move is pretty aggressive.
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GasFeeCrier
· 16h ago
Fifty million USDC burned directly? This move is a bit harsh. Is liquidity being drained or what's going on?
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BackrowObserver
· 16h ago
Just $50 million burned? I wonder what kind of operation this is.
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SnapshotBot
· 17h ago
$50 million was directly burned, this move is pretty aggressive.
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TokenomicsTherapist
· 17h ago
50 million USDC directly burned? That logic doesn't quite hold up...
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gas_fee_therapist
· 17h ago
50 million USDC directly burned. That's a bold move; we'll see how Circle responds later.
USDC Treasury destroys a large amount of stablecoins. According to the latest data, 50,000,000 USDC (worth over $50.01 million) has been burned from the USDC Treasury. This transaction is massive in scale and reflects the dynamic adjustment of stablecoin liquidity. Market participants believe that the large-scale burning event may be related to overall liquidity management in the crypto market, and traders should closely monitor the subsequent market reactions.