The USDC Treasury has removed a large amount of stablecoins from circulation. According to Whale Alert, over 100 million USDC (about 100,052,150 USDC) was burned on the Ethereum blockchain at 22:36 (UTC+8). This burn permanently reduces the total supply of USDC on Ethereum and is typically part of routine treasury and liquidity management.
ETH
3,328.58
+6.17%
USDC
1.0002
-0.06%