A massive stablecoin burn event just occurred: 80 million USDC (equivalent to approximately $80 million USD) was removed from circulation at the USDC Treasury. This significant reduction in stablecoin supply reflects ongoing adjustments in the digital currency ecosystem. Such large-scale treasury operations typically indicate shifts in market demand or strategic reallocations within the stablecoin infrastructure, making this a critical metric for tracking liquidity flows in decentralized finance markets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
FalseProfitProphetvip
· 21h ago
80 million USDC directly destroyed? That's quite a move, what is Circle up to?
View OriginalReply0
SocialFiQueenvip
· 21h ago
80 million USDC disappeared in one go? This operation is a bit harsh.
View OriginalReply0
ConsensusDissentervip
· 21h ago
80 million USDC is gone, is Circle really short on cash for the next move?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)