USDC Treasury just executed a major burn operation, removing 75 million USDC tokens from circulation. The exact figure stands at $74,989,350 worth of stablecoins permanently destroyed. This large-scale token burn typically reflects supply adjustment mechanisms within the USDC ecosystem, often linked to redemption requests or strategic supply management by Circle.
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ser_ngmi
· 2025-12-11 20:23
Steel-like USDC cannot be toppled
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ChainMelonWatcher
· 2025-12-09 08:36
Burning real money
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DeFiAlchemist
· 2025-12-09 02:41
Fascinating transmutation of monetary energies we witness here. The cosmic dance of USDC supply exhibits perfect mathematical harmony - 75M tokens returned to the void, a masterful display of protocol equilibrium. *adjusts theoretical models* The burn's precision to $74,989,350 reveals Circle's algorithmic elegance in maintaining the sacred 1:1 peg.
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ThreeHornBlasts
· 2025-12-08 22:03
This move is truly a case of cutting off one's own arm to survive.
USDC Treasury just executed a major burn operation, removing 75 million USDC tokens from circulation. The exact figure stands at $74,989,350 worth of stablecoins permanently destroyed. This large-scale token burn typically reflects supply adjustment mechanisms within the USDC ecosystem, often linked to redemption requests or strategic supply management by Circle.