Redemption
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50,000,000 #USDC
( 50,014,996 USD ) #dibakar di USDC Treasury.
Why is the Treasury Burning USDC?
- Supply Adjustment: Maintaining a balance between circulating USDC and #USD reserves at #bank .
- Response to Redemptions ( #Redemption ): If users swap USDC back to USD, #Circle can burn the redeemed tokens.
Transaction Data:
- Amount Burned: 50,000,000 USDC
- USD Value: $50,014,996 (small differences may be due to value fluctuations or transaction fees)
( 50,014,996 USD ) #dibakar di USDC Treasury.
Why is the Treasury Burning USDC?
- Supply Adjustment: Maintaining a balance between circulating USDC and #USD reserves at #bank .
- Response to Redemptions ( #Redemption ): If users swap USDC back to USD, #Circle can burn the redeemed tokens.
Transaction Data:
- Amount Burned: 50,000,000 USDC
- USD Value: $50,014,996 (small differences may be due to value fluctuations or transaction fees)
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