🔥 HUGE USDC BURN ALERT!
52,200,000 USDC (approx. $52.2 million) just burned at the USDC Treasury!
This reduces the circulating supply, which can help strengthen the USDC peg and potentially impact stablecoin dynamics.
Why it matters:
Less USDC supply can mean tighter liquidity
Shows active management of stablecoin supply by Circle
Could influence broader crypto market stability
Stay tuned for more updates!
#USDC #Stablecoins #CryptoNews #CryptoBurn #BinanceSquare