Circle's Treasury address executed a burn of 50 million USDC on the Ethereum network, as reported by Whale Alert. The transaction occurred on August 20, 2025, at 22:03 Beijing time, with the burned USDC valued at approximately $50.0275 million. This move is part of Circle's ongoing efforts to manage the supply of USDC within the cryptocurrency ecosystem.
Circle Treasury Burns 50 Million USDC on Ethereum
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