2026-01-02 20:23:35

Over 50.5 million USDC destroyed in latest burn event from the USDC Treasury. The transaction volume amounts to approximately $50.5 million USD, marking another significant reduction in stablecoin supply. This burning mechanism plays a crucial role in USDC's monetary policy and market stability. Large-scale redemptions and burns like this often reflect shifts in demand patterns across DeFi platforms and trading venues. Monitoring these treasury movements provides insights into stablecoin circulation dynamics and potential market implications. Such deflationary actions maintain the integrity of the reserve backing, ensuring the continued peg stability that traders and protocols depend on.

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liquidation_watcher

· 01-03 06:16

Starting to burn again, this time 50.5M. It seems that the demand is indeed changing.

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ProofOfNothing

· 01-03 03:26

Burning tokens again, this time over 50 million USDC lost. Is it real?

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PoetryOnChain

· 01-02 20:51

Over 5 billion dollars just gone like that, Circle is really ruthless.

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wagmi_eventually

· 01-02 20:50

50 million USDC directly burned. What signal is this move releasing?

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GasWrangler

· 01-02 20:48

ngl, 50.5M burn is honestly sub-optimal if they're not optimizing the transaction batching. like... if you actually analyze the mempool data, you'd realize they could've shaved off serious gas fees with proper base layer optimization. just saying, the mechanics here are demonstrably inefficient tbh

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AirdropworkerZhang