Over 91 million USDC destroyed in latest Treasury burn event. Approximately 91,099,098 USDC tokens (worth ~91.1 million USD) have been removed from circulation through the official USDC Treasury, marking a significant reduction in stablecoin supply. Such burn events typically impact the overall stablecoin ecosystem and influence market liquidity dynamics.
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FlashLoanLord
· 01-06 21:00
Another coin burn, this time directly removing 91 million USDC. Circle's move is quite aggressive.
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SchroedingersFrontrun
· 01-06 20:57
91 million USDC burned, who benefits from this?
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wrekt_but_learning
· 01-06 20:56
Are stablecoins about to fall out of favor? Burning so much USDC feels like the liquidity will be squeezed out.
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DataChief
· 01-06 20:48
91 million gone directly? That's a pretty harsh move. The stablecoin supply has shrunk so much. Will this push the price higher later...
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GasFeeLover
· 01-06 20:48
$91 million worth of tokens destroyed directly. How crazy must one be to do such a thing?
Over 91 million USDC destroyed in latest Treasury burn event. Approximately 91,099,098 USDC tokens (worth ~91.1 million USD) have been removed from circulation through the official USDC Treasury, marking a significant reduction in stablecoin supply. Such burn events typically impact the overall stablecoin ecosystem and influence market liquidity dynamics.