USDC Treasury Burns $150M on Ethereum 🔥

Big move from Circle as the USDC treasury has burned $150 million USDC on Ethereum.

This reduces circulating supply and usually signals lower redemption demand or supply-side adjustment.

Burns like this help keep USDC stable and transparent, reinforcing confidence in the stablecoin during changing market conditions.

🔹 Burn amount: $150,000,000 USDC

🔹 Network: Ethereum

🔹 Impact: Circulating supply reduced

Stablecoins may be “stable,” but the on chain activity tells an important story

#USDC #Stablecoins #CryptoNews #OnChainData #Circle #Web3