The USDC Treasury has burned 60 million USDC, valued at nearly $60 million, as part of its ongoing supply management efforts.
The USDC Treasury has burned 60 million USDC on the Ethereum blockchain, valued at approximately $59,985,090, according to Whale Alert. This action is part of ongoing efforts to manage the USDC supply, following a previous burn of 51 million USDC reported on July 14.