Circle officially announced that over 51 million USDC have been burned on the Solana network. This move aims to optimize the liquidity structure of the stablecoin and reflects the official continued support for the development of the Solana ecosystem. The burn event will have a direct impact on the on-chain USDC supply and market stability.

USDC0,02%
View Original
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
  • 4
  • Repost
  • Share
Comment
0/400
BearMarketNoodlervip
· 16h ago
Burned 51 million tokens. This number sounds impressive but isn't a big deal. The Solana ecosystem indeed needs to tidy up its liquidity.
View OriginalReply0
DeFiCaffeinatorvip
· 16h ago
SOL ecosystem is pumping again. Is Circle's move a bit of a sniping?...
View OriginalReply0
MoneyBurnervip
· 17h ago
Burn 51 million? Isn't that just burning money? I have to say, an insider. Wait, this set of words about optimizing liquidity structure... is it real or fake? What does on-chain data say? The Solana ecosystem is about to be hyped again, but will this burn cause a dump? Do they have no idea? No, I need to check the Treasury wallet address and see the actual liquidity situation of USDC after this operation. Anyway, I've already built a position, so let's consider it a positive signal. Betting that this burn can boost liquidity premiums.
View OriginalReply0
SpeakWithHatOnvip
· 17h ago
Burning 51 million? This is injecting vitality into the Sol ecosystem. I'm optimistic.
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)