🔥💸 USDC Treasury Burns Over 63 Million USDC Tokens
According to Whale Alert, about 63.05 million USDC tokens (~$63.03 million) have been burned 🧨 from the USDC Treasury address, as reported by PANews.
Token burns like this help regulate supply and maintain stability ⚖️ in the stablecoin ecosystem. With USDC playing a key role in DeFi, such large burns often signal major treasury adjustments or redemptions. 🏛️📉
Investors and analysts are watching closely 👀—is this a routine move or something bigger?
