Over $5 billion worth of stablecoin burn event shocks the market. The USDC official treasury just burned 50 million USDC, worth over $50 million. This scale of burn is quite rare in the history of stablecoins—such a large single burn directly affects liquidity supply. The market has always been sensitive to adjustments in stablecoin supply, and large-scale burns may indicate changes in supply strategies or market risk management measures. As a compliant leading stablecoin, every move USDC makes is closely watched by the market. Will this large burn trigger a chain reaction or is it just a routine adjustment? We need to continue observing the upcoming market performance.
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SudoRm-RfWallet/
· 13h ago
Wait, 50 million USDC burned directly? That's an incredible scale; let's see what Circle says next.
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AirdropHunter007
· 13h ago
50 million USDC burned in one go, this pace is a bit intense. Wondering what's going on?
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DegenApeSurfer
· 13h ago
Wait, 50 million USDC directly burned? Is this really just a routine adjustment? It feels a bit intense.
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StopLossMaster
· 13h ago
Whoa, 50 million USDC directly burned? Is this move to tighten liquidity...
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GrayscaleArbitrageur
· 13h ago
50 million USDC burned in one go. That's a bold move; need to keep an eye on subsequent developments.
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PhantomHunter
· 13h ago
5 billion burn? Isn't this just another new trick to cut leeks...
Over $5 billion worth of stablecoin burn event shocks the market. The USDC official treasury just burned 50 million USDC, worth over $50 million. This scale of burn is quite rare in the history of stablecoins—such a large single burn directly affects liquidity supply. The market has always been sensitive to adjustments in stablecoin supply, and large-scale burns may indicate changes in supply strategies or market risk management measures. As a compliant leading stablecoin, every move USDC makes is closely watched by the market. Will this large burn trigger a chain reaction or is it just a routine adjustment? We need to continue observing the upcoming market performance.