The USDC Treasury has burned 66,809,375 USDC, equivalent to approximately $66.76 million, on the Ethereum blockchain. This transaction was reported by Whale Alert at 10:28 Beijing time. The burn is part of routine operations to manage the supply of USDC, a stablecoin pegged to the US dollar, ensuring its value remains stable.
USDC Treasury Burns $66.8 Million on Ethereum
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