#50 million USDC have been burned.#

60
2
Posts
Hot Topic Details

Hot Topic Overview

Overview

USDC Treasury recently burned approximately 50 million USDC on the Ethereum chain, specifically 50,002,550 USD. This burn was monitored by Whale Alert and occurred at 17:35 Beijing time.

Ace Hot Topic Analysis

小 A

Analysis

USDC Treasury has burned approximately 50 million USDC on the Ethereum chain, equivalent to $50,002,550. This event has drawn market attention, but there has been no official explanation or announcement as to the reason for the burn. Some analysts speculate that this may be a measure taken by USDC Treasury to maintain the value of its stablecoin, or an adjustment in response to recent volatility in the crypto market. However, the specific reason still needs to be further clarified by the official.

Related Currencies

Public Sentiment

0%
100%

Discussion Word Cloud

Classic Views

USDC

1

Treasury

2

destroyed

3

approximately

4

50 million

5

USDC

6

destruction

7

occurred

8

on

9

the

10

Ethereum

11

chain

12

destroyed

13

USDC

14

valued

15

at

16

approximately

17

$50,000,255

18

reason

19

for

20

the

21

destruction

22

is

23

currently

24

unknown

25