🔥 60M USDC Burned at Treasury! 🔥
A total of 60,000,000 $USDC (~$59.98M) has just been burned at the USDC Treasury, signaling a significant reduction in circulating supply.
📉 Why it matters:
🔹 Large-scale redemption or institutional fiat conversion
🔹 Can tighten liquidity in stablecoin markets
🔹 Reflects ongoing on-chain capital rebalancing
These burns often hint at big-money movements behind the scenes — watch stablecoin flows closely!
#USDC #StablecoinBurn #Circle #OnChainData #CryptoMarkets #WhaleAlert
