Rewards Hub The USDC Treasury has executed a significant burn of approximately 60 million USDC tokens, valued at $59.99 million, on the Ethereum blockchain. This transaction was tracked by Whale Alert, a service that monitors large cryptocurrency transactions. The burn reflects ongoing adjustments in the supply of USDC, a major stablecoin in the crypto market.
USDC Treasury Burns 60 Million Tokens Worth $59.99 Million
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.