Major stablecoin movement on-chain: 90 million USDC tokens have just been burned at the USDC Treasury, equivalent to approximately 90.04 million USD. This significant reduction in circulating supply reflects ongoing adjustments in stablecoin management and could signal shifts in market demand or strategic capital allocation. Such treasury-level burns are closely watched by traders and investors tracking stablecoin dynamics and their broader impact on market liquidity.
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ProxyCollector
· 12-27 08:52
90 million USDC directly burned. What kind of signal does this release?
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AirdropSweaterFan
· 12-26 02:09
90 million USDC directly burned, this move is a bit ruthless.
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AirdropHunterZhang
· 12-25 21:51
90 million tokens destroyed? This is creating an opportunity for us free riders to get on board.
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FarmHopper
· 12-25 21:50
Another burn... How much selling pressure does that suppress?
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MetaverseHermit
· 12-25 21:50
$90 lost directly, is this move a shrinkage or a layout?
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LiquidityWhisperer
· 12-25 21:48
90 million USDC directly burned, this move is a bit aggressive.
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ForumMiningMaster
· 12-25 21:32
90 million USDC burned, it depends on what Circle means... Is it stockpiling for the bear market or simply adjusting the supply?
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rekt_but_vibing
· 12-25 21:26
90m USDC is gone. Is this to shrink the balance sheet or just casually burning it... I’m a bit confused about Circle’s operational logic.
Major stablecoin movement on-chain: 90 million USDC tokens have just been burned at the USDC Treasury, equivalent to approximately 90.04 million USD. This significant reduction in circulating supply reflects ongoing adjustments in stablecoin management and could signal shifts in market demand or strategic capital allocation. Such treasury-level burns are closely watched by traders and investors tracking stablecoin dynamics and their broader impact on market liquidity.