USDC ecosystem undergoes a significant adjustment: the official announcement of burning 50 million USDC tokens from the USDC Treasury, worth approximately $50.015 million. This burn operation marks a major change in the stablecoin supply, which will directly impact USDC's market liquidity and ecosystem scale. Industry experts generally believe that this move reflects the project's strategic considerations regarding future development directions.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
8
Repost
Share
Comment
0/400
gas_fee_therapist
· 9h ago
Burning 50 million? What is this hinting at... or is Circle preparing for something?
View OriginalReply0
CrossChainMessenger
· 01-08 13:47
Burning 50 million USDC? What does this imply... It seems like the liquidity is about to be reshuffled.
View OriginalReply0
DancingCandles
· 01-07 22:02
Burn 50 million? That logic is a bit counterintuitive. How can liquidity be built...
View OriginalReply0
CryptoSourGrape
· 01-07 22:01
Destroy again and again? If I had known about this move earlier, I should have hoarded some USDC. Now I'm kicking myself with regret.
View OriginalReply0
GrayscaleArbitrageur
· 01-07 22:00
Burn 50 million tokens? Are you trying to pump the price? Hold on, let me check the holdings...
View OriginalReply0
GasWaster
· 01-07 22:00
Burn 50 million tokens? What is this hinting at...
View OriginalReply0
airdrop_huntress
· 01-07 21:59
Burn 50 million? What is Circle trying to do? Stablecoins still rely on liquidity to survive, right?
View OriginalReply0
MEVHunterLucky
· 01-07 21:50
Burning 50 million tokens? This move is quite interesting. Is it paving the way for the upcoming big action?
USDC ecosystem undergoes a significant adjustment: the official announcement of burning 50 million USDC tokens from the USDC Treasury, worth approximately $50.015 million. This burn operation marks a major change in the stablecoin supply, which will directly impact USDC's market liquidity and ecosystem scale. Industry experts generally believe that this move reflects the project's strategic considerations regarding future development directions.