Over 85 million USDC eliminated through Treasury burn mechanism
The USDC Treasury has just executed a major token reduction event, with approximately 85 million USDC (valued at around 84.97 million USD) removed from circulation. This deflationary move reflects protocol management adjustments and could influence stablecoin supply dynamics. Such large-scale burns typically signal strategic rebalancing efforts within the ecosystem.
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MevShadowranger
· 1h ago
Wow, 85 million just burned away. That's a pretty aggressive move.
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MemeCurator
· 01-14 21:21
85 million USDC burned directly? This move has got me a bit confused.
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LidoStakeAddict
· 01-13 20:52
Burned directly over 85 million, this move is really ruthless.
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DeFi_Dad_Jokes
· 01-13 20:52
85 million USDC burned directly, how clueless can you be... Wait, no, hold on, why isn't it dropping anymore?
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NervousFingers
· 01-13 20:52
Is it another coin burn? This trick feels like it's almost overhyped...
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DeFiCaffeinator
· 01-13 20:44
Whoa, 85 million USDC burned directly? That's pretty intense. Is this real?
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GasFeeTherapist
· 01-13 20:31
Whoa, 85 million USDC burned directly? Is this move to support the market or what?
Over 85 million USDC eliminated through Treasury burn mechanism
The USDC Treasury has just executed a major token reduction event, with approximately 85 million USDC (valued at around 84.97 million USD) removed from circulation. This deflationary move reflects protocol management adjustments and could influence stablecoin supply dynamics. Such large-scale burns typically signal strategic rebalancing efforts within the ecosystem.