#EthereumSecurityInitiative USDC Treasury destroyed 104 million USDC on Ethereum, according to recent reports. This destruction is part of the treasury's ongoing activities. Here are some key points¹ ²:
- *Destroyed Amount*: 104 million USDC
- *Blockchain*: Ethereum
- *Recent Activity*: Total of 250 million USDC destroyed since 21:29
- *Monitoring*: Whale Alert tracked the destruction
- *Frequency*: USDC Treasury has destroyed USDC multiple times, with previous destructions including 100 million and 61.02 million USDC.$ETH