Major stablecoin activity detected: Over 57 million USDC tokens have been burned at the USDC Treasury, representing approximately 57.1 million USD in value removed from circulation. This significant burning event reflects ongoing treasury management and supply adjustments for the widely-adopted stablecoin, which remains a critical component in the broader digital asset ecosystem and decentralized finance landscape.
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TommyTeacher
· 13h ago
Are they burning coins again? 57 million USDC directly burned. What are they doing... Is it market manipulation or really need to make adjustments?
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UncleLiquidation
· 13h ago
Another large-scale burn, what tricks is Circle up to?
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MissedAirdropAgain
· 13h ago
57 million USDC burned in one go, this move is quite something.
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TokenAlchemist
· 13h ago
57m usdc burned? lol that's literally pocket change for the treasury—barely a blip on the supply adjustment curve. what's the actual inefficiency vector here tho
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tx_or_didn't_happen
· 13h ago
57 million USDC was directly burned, this move is a bit harsh...
Major stablecoin activity detected: Over 57 million USDC tokens have been burned at the USDC Treasury, representing approximately 57.1 million USD in value removed from circulation. This significant burning event reflects ongoing treasury management and supply adjustments for the widely-adopted stablecoin, which remains a critical component in the broader digital asset ecosystem and decentralized finance landscape.