🔥 $85.9M $USDC BURNED by Treasury! What’s Going On? 🔥
A massive 85,941,523 USDC (≈ $85.89M) has just been burned at the USDC Treasury — permanently removed from circulation. 💥
🔍 What does this mean?
🔸 Reduced supply = Potential bullish signal
🔸 May reflect large redemptions or institutional exits
🔸 Part of Circle’s ongoing stablecoin supply adjustments
📉 In a volatile market, stablecoin burns this size can impact liquidity and reflect major capital shifts.
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