USDC Treasury has destroyed 69,980,000 USDC on the Ethereum blockchain, according to Whale Alert. The transaction, which occurred at 20:00 Beijing time, is valued at approximately $69,959,006. This move is part of routine operations to manage the supply of USDC, a stablecoin pegged to the US dollar.
USDC Treasury Burns Nearly 70 Million USDC on Ethereum
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