Major USDC supply adjustment just happened - the Treasury torched 55 million tokens in a single burn event. That's nearly $55M worth of stablecoins removed from circulation. These burns typically signal demand shifts or reserve rebalancing moves.
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OnchainDetectiveBing
· 15h ago
Burning 55 million? That's a bit aggressive, is this deflation or some other operation...
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ForkTongue
· 15h ago
55M burned? Is this tightening Liquidity or what?
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AirdropChaser
· 15h ago
Did 55M get spent? This operation is a bit aggressive.
Major USDC supply adjustment just happened - the Treasury torched 55 million tokens in a single burn event. That's nearly $55M worth of stablecoins removed from circulation. These burns typically signal demand shifts or reserve rebalancing moves.