🔥 $USTC BURNS: UNDERESTIMATED OR UNDERVALUED? LET’S BREAK IT DOWN 🔥**

**📊 THE HARD DATA**

- **Total USTC Burned Since Collapse**: **5.18B** (≈46% of current supply)

- **Remaining Supply**: **6.09B** – with **TFL’s untouched reserves** looming as a potential catalyst

- **Key Gap**: Binance’s **LUNC burns** (72.9B to date) haven’t extended to USTC, missing a critical lever for supply shock

### **⚡ WHY BURNS STILL MATTER**

1. **Historical Context**:

- Burns were *meant* to restore UST’s peg in 2022 (algorithmic balancing). Failed then, but the **mechanism remains viable** if scaled .

- Community proposals like **Ziggy’s re-peg plan** (2023) show technical pathways exist .

2. **Supply Math**:

- Eliminating 5.18B USTC has already **halved post-crash supply**. A **TFL wallet burn** could trigger scarcity .

- For context: **1B USTC burns** ≈ 16% supply reduction at current levels – a tangible deflationary force .

3. **Market Realities**:

- USTC trades at **$0.01** (1% of peg). Burns alone won’t fix this, but they’re a **prerequisite** for any re-peg attempt .

- **Volume is key**: Current 24h trade volume (~$12M) must rise to sustain price momentum .

### **🚨 THE MISSING PIECE: EXCHANGE SUPPORT**

- Binance’s **LUNC burns** prove centralized players can accelerate supply reduction. **USTC needs the same** .

- If major exchanges adopted USTC burns (even 0.5% tax), **supply could shrink 10x faster** .