Major stablecoin event: 80 million USDC has been removed from circulation through the USDC Treasury, totaling approximately 79.99 million USD in value. This significant burn represents a notable shift in USDC's active supply, reflecting adjustments in the stablecoin's circulation management. Treasury-directed burns like this one often indicate rebalancing operations or strategic supply-side decisions by Circle, the issuer behind USDC. For traders and DeFi participants, tracking these large-scale redemptions is crucial for understanding overall stablecoin liquidity trends and potential market implications. Such on-chain events demonstrate the transparency advantage of blockchain-based stablecoins compared to traditional finance, where reserve movements typically remain opaque to the public. Keep monitoring USDC supply metrics as they continue to influence broader market dynamics.