Nearly 50 million USDC tokens have been burned from the USDC Treasury, with the total value reaching approximately 50 million USD. The destruction of roughly 49.98 million USDC represents a significant adjustment to the stablecoin's circulating supply. This kind of supply management through treasury burns is a key mechanism for maintaining stablecoin stability and managing the overall token ecosystem dynamics in the decentralized finance space.
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AirdropDreamBreaker
· 16h ago
50 million USDC directly burned, this move is quite aggressive.
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WhaleMistaker
· 16h ago
Burning coins? Starting to do this again, feels like a setup before harvesting the leeks.
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DegenWhisperer
· 16h ago
50m USDC was directly burned, is this operation meant to stabilize the coin's price or just playing psychological warfare?
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ForumMiningMaster
· 16h ago
50 million USDC just burned like that? What trick is Circle playing?
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gas_fee_therapist
· 16h ago
50 million USDC directly burned, Circle's move is quite aggressive.
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StableCoinKaren
· 16h ago
Burning 50M USDC directly? That's a bit intense. The stablecoin game is getting more and more elaborate.
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BearMarketMonk
· 16h ago
Burned 50 million coins, the stablecoin gameplay is becoming more and more elaborate.
Nearly 50 million USDC tokens have been burned from the USDC Treasury, with the total value reaching approximately 50 million USD. The destruction of roughly 49.98 million USDC represents a significant adjustment to the stablecoin's circulating supply. This kind of supply management through treasury burns is a key mechanism for maintaining stablecoin stability and managing the overall token ecosystem dynamics in the decentralized finance space.