Whale Alert
108,020,614 $USDC (≈$108M USD) has been burned at USDC Treasury.
108,020,614 $USDC (≈$108M USD) has been burned at USDC Treasury.
Burning $USDC reduces the total supply in circulation, which could potentially increase its value if demand remains constant.
The body does not provide a specific reason for the amount burned; further context may be needed from additional sources.
Stories our editors think pair well with this one.
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Catch up on earlier coverage from this beat.
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