USDC Treasury has burned 50 million USDC on the Ethereum network, according to tracking data from Whale Alert.
The burn event (token burning) is often related to adjustments in the circulating supply of stablecoins. The information was recorded on 24/12 based on on-chain transaction monitoring.
MAIN CONTENT
USDC Treasury burned 50 million USDC on Ethereum.
Data recorded from Whale Alert.
Information reported on 24/12.
Burn event of 50 million USDC on Ethereum
USDC Treasury has burned 50 million USDC tokens on the Ethereum network.
According to reports, the burn transaction was monitored and announced by Whale Alert on 24/12. The amount burned was 50,000,000 USDC and took place directly on the Ethereum blockchain.
This information is an update of on-chain data and does not include additional details about the purpose or plan for issuing/replenishing the supply. The content provided is for informational purposes only and does not constitute investment advice.
Source: https://tintucbitcoin.com/kho-bac-usdc-dot-50-trieu-tren-ethereum/
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