đŸ”„ $85.9M $USDC BURNED by Treasury! What’s Going On? đŸ”„


A massive 85,941,523 USDC (≈ $85.89M) has just been burned at the USDC Treasury — permanently removed from circulation. đŸ’„


🔍 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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